做多

Nifty 50 Support and Resistance 31 Oct 2023

* **Nifty 50 is currently trading above its 50-day and 200-day moving averages, which is a bullish sign.**
* **The Relative Strength Index (RSI) is at 65, which is in the overbought zone. This suggests that the market may be due for a pullback.**
* **The MACD crossover is bullish, which indicates that the market is likely to continue moving upwards.**

**Support and Resistance Levels**

* **Support levels:** 19077, 19000, 18924, 18867
* **Resistance levels:** 19218, 19262, 19305, 19347

**Trading Strategy**

* **If the market opens above 19173 tomorrow, traders can go long with a stop loss below 19100.**
* **Traders can book profits at 19218 or 19262.**
* **If the market breaks below 19077 tomorrow, traders can go short with a stop loss above 19100.**
* **Traders can cover their short positions at 19000 or 18924.**

**Please note that no trading strategy is guaranteed to be successful. Traders should always use risk management techniques to protect their capital.**

**Disclaimer:** This is just a sample analysis and trading strategy. It is not a recommendation to buy or sell Nifty 50. Traders should do their own research before making any trading decisions.