Pre Market Analysis 18 November 2022

Global Market Update:
US Market index Dow Jones Opened with gap down and recovered, Closed just 7 points down

Indian Market Update:
Expect to open positive since the SGX trading 50 points upside.

Standard Support and Resistance for Index

Nifty
Support 1 - 18350 - 18360
Support 2 - 18310 18320
Resistance 1 - 18420 - 18430
Resistance 2 - 18440 - 18450

Bank Nifty
Support 1 - 42380 - 42390
Support 2 - 42290 - 42300
Resistance 1 - 42480 - 42490
Resistance 2 - 42620 - 42630

Stock Selection
1) Sell SBI Card below 794 SL 798

Note: The above Stock selected only for education purpose, Do your own analysis and trade.
MP is not responsible for Traders profit and loss and we never force anyone to buy