Indian Stock Market – Part of Newsletter on 18th November 2019

Astrodunia

When we asked you to long Nifty around 10700 in October 2019, we clearly mentioned that this uptrend would lead Nifty till 12000-12100.

If Nifty hits 12100-12150 or Bank Nifty hits 32000 then add short position respectively. In coming days, considerable decline is possible.

Nifty has support at 11800 and resistance at 12120 while Bank Nifty has support at 30800 and resistance at 31500.

In the week ahead, uptrend is indicated for today and tomorrow. On Wednesday-Thursday, downtrend is indicated. On Friday, mixed to positive trend is possible.

Next Monday, gap down opening is possible.

Intraday perspective: It shall trade mixed to positive till 12.40 HRS. From 12.40 to 14.30 HRS, downtrend is indicated. From 14.30 HRS to closing, uptrend is possible.

FinQuiz by

FinQuiz

Which company developed Material Design?

2:30
0 / 10
Points: 0
Astrodunia Avatar
Astrodunia

Integrate Market Timing in your Portfolio

Leave a Reply

Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash

Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.

Featured Post