NIFTY broke its SUPPORT exactly as analysed

٢٤ أكتوبر ٢٠٢٣

As we can see NIFTY broke its SUPPORT and fell unidirectionally as analysed in our previous analysis that the SUPPORT has been tested multiple times and any closing below the psychological level could lead to a good fall and we did see that exactly. Now watching the global cues we can expect NIFTY to open flat to positive but we can see NIFTY ranging from the range 19200-19500 but if it breaches either of the level we might see another of trending market so plan your trades accordingly.