Trading Marcos is presenting the Nifty November Future Weekly Analysis for the week commencing from 20.11.23 to 24.11.23
Anticipated Nifty future trading ranges suggest the upper limit around 20271 and the lower limit around 19340. The potential weekly movement on either side is 435 points from the trigger point, namely 19806.
Weekly Long Positional Levels: Initiate a buy position at 19757 Target 1: 20093, Target 2: 20270 Consider adding an additional position at 19701 Positional Stoploss: 19615
Weekly Short Positional Levels: Initiate a sell position at 19645 Target 1: 19519, Target 2: 19342 Positional Stoploss: 19787
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Note: This analysis is intended for educational purposes; contemplate paper trading based on the suggested levels. I am not a SEBI registered analyst.
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