Nifty trade plan for 15 NOV 2023
Nifty is expected to open with a huge gap up around 19700 levels today.
After such a big gap up opening would prefer to wait for alteast first 5-15 min to make fresh trades, since we can expect possible profit booking on opening.
Nifty is anticipated to open around Zone 2. In case the initial balance high is taken out with a buy trigger can go long for targets as mapped.
Any rejection in Zone 2 with a sell trigger and low of Zone 2 is compromised then we can expect Nifty to test out Zone 1 support.
Nifty is expected to open with a huge gap up around 19700 levels today.
After such a big gap up opening would prefer to wait for alteast first 5-15 min to make fresh trades, since we can expect possible profit booking on opening.
Nifty is anticipated to open around Zone 2. In case the initial balance high is taken out with a buy trigger can go long for targets as mapped.
Any rejection in Zone 2 with a sell trigger and low of Zone 2 is compromised then we can expect Nifty to test out Zone 1 support.