Chartrading

NIFTY SPOT VIEW FOR NEXT FEW DAYS

Nifty confirmed the secondary bottom by 29th October by Daily chart. It is good for short term bull trader now major short term support around 22800 and 22370, if Nifty able to sustain by higher price then it may goes up to 23350 – 23600 and 23820, the level 23600 will react as a major resistance of this short term up trend.

Be careful major trend is till trending down. If Nifty able to manage to go up around 23600, there might be chance of profit booking.

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