RaviChandran_Rajkumar

Nifty Trade Plan for 18 NOV 2021

NSE:NIFTY   Nifty 50 Index
Nifty Trade Plan for 18 NOV 2021

Expecting Nifty to open flat to small gap down today.

Nifty had taken good support at previous virgin CPR levels,if that is compromised we can expect Nifty to test out 17800 levels once and find reversals from there.

In case if we find some support around 17800-17840 levels we can expect Nifty to again test out CPR levels so we can have a long opportunity.

In case of CPR taken on the upside, yesterday CPR will act as a resistance.

Expecting Nifty to be in a range bound today being expiry.