RaviChandran_Rajkumar

Nifty Trade Plan for 05 OCT 2021

NSE:NIFTY   Nifty 50 Index
Nifty Trade Plan for 05 OCT 2021

Nifty likely to open gap down.

The immediate support for Nifty is around 17543, if that is compromised there is a very good support around 17506 levels.
Any support around these we can expect Nifty to again bounce back. In case if this support is compromised we can expect Nifty to again test 17440 and lower levels.

In case if Nifty sustains above 17500 then we can expect Nifty to again test out 17600 & 17700 levels.