Nifty Daily Analysis

١٧ نوفمبر ٢٠٢١

Nifty broke 18000 yesterday and continued trading below it indicating further weakness in price, it also broke a rising channel pattern giving bearish bias now. Until it trades below 18k we can see 17800 level soon which can be a "support" and after that next support is at 17600. Looking at the upside we still see 18000 as a barrier.