NIFTY SPOT VIEW-19TH OCTOBER 2022

There is very good news for bull trader that nifty broke the level 17430 and traded full day above that level,this is short term break out and Nifty changed the trend so my trading strategy will be buy on dips until break the previous pivot,that is around 16740.If nifty maintain the 17400 level there are highly chance to test 18100 again.This trend will continue by two sector Niftybank and Nifty Financial.Midcap also doing good.

Pressure dates for this month are 1st,7th,11th,(17th to 18th),(20th to 22nd) and 27th October 2022.

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