Nifty Trend Today Technical Analysis for 11-11-2019 10:00:03

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In 1 hour chart Nifty price continues to trade at 11921.1 and above the (Exponential Moving Average)EMA200 value of 11652.6 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Nifty continues to trade above level, that could be an extraordinarily Bullish sign for Nifty

Even so, the 200-candle Exponential moving average (EMA) price range of 11652.6 is proving a tough nut to crack.

Pivot (invalidation): 11981

Our preference: Long positions above 12028

Alternative scenario: Below 11893.1 look for further downside.

Support Resistance Levels For Nifty Today at 11-11-2019 10:00:03

Pivot: 11981

Resistance 1: 12028

Resistance 2: 12115.9

Resistance 3: 12162.9

Support 1: 11893.1

Support 2: 11846.1

Support 3: 11758.2

Yesterday High Low Close For Nifty

Yesterday High: 12069

Yesterday Low: 11934.1

Yesterday Close: 11940

Today at 11-11-2019 10:00:03 Nifty trading at 11921.1 with high of 11931.9 and low of 11885

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