Wednesday 3 November 2021

NIFTY 03 NOVEMBER 2021 : Weekly expiry can be extremely volatile to down before Diwali trading.

 


Good morning friends, 

Nothing is impossible in stock market. When it was looking like never fall market, it slipped. Now, It is not moving above 18000 and giving every indication of dip. We have weekly derivative expiry today and tomorrow will be Diwali holiday. 

I am not quoting any levels as support. It is looking as Nifty may not cross above 17960 and then it can slip to test 17650 to 17600 levels sooner or later. 

What's for bulls?

Fine, first indication to buy can come only above 17960. Any rise above 17960 can sustain. It is very unlikely to happen but this is a possibility. 

Happy trading.