Saturday 9 November 2019

Nifty Analysis for the week 11th - 15th Nov 2019

Hello Friends,
Today is Saturday 9th Nov 2019.

I am sharing my views on Nifty for the week 11th - 15th Nov.
As told last week on 1st Nov Nifty looks a bit exhausted around 11900 levels. 

Refer to my last week analysis. 

Last week clearly told nifty will find it difficult to sustain above 11900 levels. It made high of 12034.15 on friday and ended the day at 11908. 

I have attached two charts  from different time frame for better visual understanding.
One can look to short Nifty below 11835 with SL of 11918.
Expected target is 11720.
You can click on the image to view in bigger size.
Nifty Daily chart
Daily timeframe view

Nifty weekly chart
Weekly timeframe view

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