Indice NIFTY 50
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Nifty Analysis for 8th Nov

62
This is pre-market open and I haven't had much time to post today's analysis, but support and resistance stays almost same.

Refer to my previous post for details.

Red - resistance
Green - support

support becomes resistance once breach and same for resistance.

Thicker the line stronger the support/resistance.

Remember, always trade in the trend.
Note
01:20 PM

--> Perfect support at 17850.
--> Perfect resistance break and retracement at 17960.
--> now what can happen : Either short fall from purple resistance line or consolidation.
--> Very less chance of breaking that purple resistance today.

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