Nifty Trade setup for 25th Nov. 2021
First of all, I want to apologize for not sharing any morning analysis from a couple of days. I have taken a small break from my morning activities because of some health issues. Let's talk about the market sentiment first. Today, I have shared two charts in the daily time frame and the second in the hourly time frame. Both show negative sentiment. I shared my long-term view on Twitter a week ago when the price was trading on 17,900, and given the first target is 17,300, and it's hit in a week now, we are heading at 16,650, but We need to wait for 17,000 to break.
Intraday for 25th Nov. Monthly Expiry
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India USD and SGX both are trading on a negative note; the Current CMP is 17,369, 40-45 points below our market. A Flat or a small gap down is accepted.
Key Resistance is 17,600
Intraday Resistance is 17,500
Key support is 17,260
Intraday support is 17,370
Intraday for 25th Nov. Monthly Expiry
=================================
India USD and SGX both are trading on a negative note; the Current CMP is 17,369, 40-45 points below our market. A Flat or a small gap down is accepted.
Key Resistance is 17,600
Intraday Resistance is 17,500
Key support is 17,260
Intraday support is 17,370
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