Tech View: Nifty forms bullish candle. What traders should do on Friday

November 3, 2022

The current market texture is non-directional. Perhaps, traders are waiting for either side to breakout. For the bulls, now 18,150/61,100 would be the fresh breakout level and above which the index could rally till 18,250-18,300/61,300-61,500. On the flip side, a fresh round of selling is possible only after the dismissal of 17950/60500. Below which, the index could slip till 17850-17800/60300-60150.

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