Mambotrade

Nifty trading levels for 31/10/23.

NSE:NIFTY   Indice NIFTY 50
Nifty levels

Support :- 19070, 19900
Resistance :- 19250, 19400

Market move in a lower low lower high formation in the bearish trend.

First leg was formed after creating a ATH and after that it consolidated and now it has formed lower low. This leg is for a retest and another bearish move can be seen.

Keep in mind the festive buying will also be there.

Look for a perfect setup as there will be nice move as the consolidation was in the good range.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.