Monday, 19 October 2020

Nifty Outlook 19/10/2020

Hello Friends, 


Previous Day: Market stay above YL and remain sidewise as per previous Outlook.


Participant Wise: FII changes flat and Pro & Client changed Bearish position.
OI Based: Nifty and Banknifty showing OI unwinding. 
Trend: Multi timeframe, showing bullish trend until 11550 level; Lower tf can be show sc.
Global: Global looking Good and Green.
Opening: SGX showing positive gapup.
Range: Resistance 11900,12k and support 11800, 11750 as per previous closing.


Overview: Data and technical showing uptrend can resume today if support 11750 sustain.

Thanks n Regards! 
SanJeet Kumar
Telegram: t.me/sfviews

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