Nifty Update 17November

Open 2813.40
High 2835.70
Low 2694.50
Last 2799.55
Prev. Close 2810.35

As we told you all earlier,2680 acted as a major support for nifty,and nifty touched an intraday low of 2694 and then bounced back more than 100Pts. to close at 2799 level.
Still 2740-2680 are major supports for nifty,once these levels are breaked on downside,we will see sharp downside on nifty. We have provided the lower levels earlier in weekly market view.

However nifty must trade and sustain abv 2950 level,in order to maintain an uptrend. Stay cautious and trade accordingly!!
DONT LEVERAGE POSITIONS!