The week opened with a mild gap up, then came down below 11900 and was trading below previous day close most of the time and ended with -10 points. More exhaustion is seen and there is no conviction at higher level.
Either Nifty should cross 12100 to register a fresh high or consolidate for some more time with a healthy correction where it can take support around 11690 or 11515.
We must wait and watch as we are left with only 8 trading sessions for November Expiry.
Hope everyone would have enjoyed trading with my levels and prices posted today. I wish everyone to do home work and then start trading.
Good Luck!
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