November is a crucial month for nifty .Because in November nifty is range bound most of the time in history.But the nifty at this juncture nifty is nearing its all time high.For further up move nifty yet to form a higher swing low for nifty to continue the trend.If nifty breaks 6000 mark on downside it becomes the failure breakout.
As per options table nifties this month range was 6000 to 6300 .So buy at low sell at high is the strategy for nifty for this month.monthly charts are indicating bullish view.So this is not a break out month this a consolidation month.
For this month bullish sectors are metals and banks and bearish sectors are information technology and auto
For this month bullish sectors are metals and banks and bearish sectors are information technology and auto
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