Nifty 50 Index
Updated

Nifty - Expiry day analysis Nov 4

1 601
Price moved within the range of 25650 to 25780 today, and these levels are acting as strong support/resistance. Nearby support is at 25500, and resistance is at 25900. And still the price is inside the falling wedge.
Buy above 25820 with the stop loss of 25780 for the targets 25860, 25900, 25940 and 25980.
Sell below 25720 with the stop loss of 25760 for the targets 25680, 25640, 25600 and 25540.
The expected expiry day range is 25600 to 25900.
Always do your analysis before taking any trade.
Note
Daily chart. Price is at crucial level. snapshot
Trade active
Short - T3 done. snapshot
Trade closed: target reached
T3. snapshot

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