RaviChandran_Rajkumar

Nifty Trade Plan for 08 DEC 2021

NSE:NIFTY   Nifty 50 Index
Expecting a gap up opening in Nifty.

In case Bullish Breakout is taken out on upside we can expect 17500.

Any pull back is a buying opportunity.

If you get nifty around Bearish Reversal zone or R1 and support confirmed we can go long.

Being RBI event , can expect good volatility hence trade safe.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.