Nifty expiry day special analysis 26th oct 2023

Good morning Traders,

Guy's Nifty have broken important support zone 19200-19250. As i told you, if nifty breaking these levels then we can see further downside, now i am expecting levels towards 18800 in coming days. GIFT nifty also suggesting a negative opening, Asian Market also in Red everywhere, American Market has given closing more than 2% dowside, keeping all these parameters in mind we can analysis easily that Indian Market also gonna to react as it is..Market is on sale on rise..

Important levels for Nifty:-

Support Zone 18900
Resistance Zone 19200

Strong Support Zone 18800-18850
Strong Resistance Zone 19400-19500

Buy on opening and accumulate more if you see nifty towards 19100-19150
and kee stop loss accordingly
Targets will be 19000/18900/18800

Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou

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Targets achieved