Nifty Outlook for 31-Oct-2023 based on Option Chain data as on EOD 30-Oct-2023 for Expiry on 2-Nov-2023

 Predictive Analytics - Data-driven patterns based prediction

Jai Jinendra

Previous trading day prediction review

Nifty was expected to move towards 19000. Nifty futures reached near the lows of 19014 which is very near the expected target and from there it bounced back. (Futures)

Next trading day prediction

Nifty Outlook for 31-Oct-2023 based on Option Chain data as on EOD 30-Oct-2023 for Expiry on 2-Nov-2023

Data is pointing towards 19325 (Futures)

Nifty spot Support 18700 and Resistance 19400 

Note - Global Uncertainties  could cause some disruption.  

Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html   

Location: India

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