Wednesday, 10 November 2021

NIFTY 10 NOVEMBER 2021 : Facing resistance at 18100 levels, Nifty is likely to move around 17850 to 17700 levels.


 Good morning friends, 

Yesterday was a day of confusion that run whole day but biasing remains bearish. Now, it is likely to take gap down opening. 

Well, will this gap down invite some bounce? It should give us a bounce but that's not compulsory. Even if it comes then also it may fail at 18000 levels. 

It is looking like trend is changing for medium term at least. If that happens then it is a bad news for market. I suggest do not attempt long trade today even in dip because it may go dicey at every levels. 

Be careful, I am expecting unprecedented volatility. 

Happy trading.