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RaviChandran_Rajkumar
Jan 17, 2022 1:35 AM

Nifty Trade Setup for 17 JAN 2022 

Nifty 50 IndexNSE

Description

Nifty Trade Setup for 17 JAN 2022

Nifty likely to open gap down around 18200 levels.

18200 looks to be strong resistance and 18140/ 18000 looks to be strong support for today.

In case if Nifty CPR is compromised today on lower side we can expect possible test of S1 (18154) Support and if that is compromised PDL (18120) likely to get tested.

Expecting to be a range bound market today.
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