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RaviChandran_Rajkumar

Nifty Trade Plan for 27 JAN 2022

Nifty 50 Index (NSE:NIFTY)  
RaviChandran_Rajkumar  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators tradershedge NIFTY niftytechnicals niftytrends niftyoptions niftyoptionchain niftylevels niftylevelsexpiry
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trendanalysis chartpattern indicator tradershedge nifty niftytechnicals niftytrends niftyoptions niftyoptionchain niftylevels niftylevelsexpiry
Nifty Trade Plan for 27 JAN 2022

Nifty likely to open gap down around 16900 levels today.

16900 seems to be a good support, Initial opening range sustains above this 16900 levels then we can expect market to slowly move and test out 17300-17400 levels.

I would prefer to go short only if PDL is compromised today.

Option selling should be preferred today as CPR is also quite wide today and expect a range bound market.
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