S&P CNX NIFTY INDEX FUTURES

NIFTY

71
Important levels for 04/11/2022.
A day which started with so much promise with buyers aggressively moving the prices up but the seller reference zone saw buyers getting absorbed and selling took the prices down.
Tomorrow, we can take longs only if we break above 18235 for targets of 18294 followed by the old seller zone of 18327-18357.
We can look for shorts if we trade below 18030 and pyramid once we trade below PDL @ 18008 for targets of the old buyer reference zone 17965-17979. Also we can take shorts if we see a gap up open and see sellers showing interest at the seller reference of 18201-18235.

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