Nifty Weekly Analysis for November Expiry

Last week we gave Chopad Levels  of 7820 , Nifty was volatile last week trading above and below the Chopad levels, Long Intitated during first half of week were stopped out, Short were rewarded but did not touch the first target and bounded back and Long at fag end of week were also rewarded with 1 Tgt on upside done. Lets analyze how to trade market in coming Expiry week.

Nifty Hourly Chart

As we discussed last week Strong support in range of 7700/7681 holding the same bounce back can be expected.
Nifty did low of 7724 and bounced back

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