Nifty View for November 03-07, 2020 week
Note>> 11990 to 12245 is supply zone , three attempt have been made last two week to break it. Above this there is no supply zone so if broken can move to all time high.
Overall Nifty is not bearish , Its sideways , If Reliance shows strong upside movement then it can break the supply zone.
Sell 11884 SL 20 points
Sell 11830 SL 20 points
Sell 11990 SL 20 points
if Nifty drops then buy at following levels
Buy at 11410 , SL 40 points
CMP 11669
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
Consult your Financial Advisor Before Investing.