Daily Nifty50 Analysis

NIFTY
20/11/2023
Overview- Oil prices soar as Opec production cuts look real. Bad news for China as their candidate and Investment in Argentina lost to the Right-wing Javier Milei. Dollar continues its weak run.

Outlook for 21/11/2023 - Nifty50 was extremely constricted in a zone today with absolutely no sign of momentum. Direction unclear as important support at 19665 and resistance at 19756.

Note - this is an Educational Analysis and not any Investment Advice.