Nifty daily analysis for 01/11/22

Nifty has given a nice bullish candle on daily time frame and crossed over 18k.

Nifty remained strong and there was a nice up move in the last hour gaining 225 points in the whole trading session.

On 15 minute time frame, the market has formed a higher high formation.

Support:- 17950, 17915, 17835
Resistance:- 18000-20, 18080, 18140

Wait for the price action near the levels before trading the markets.