Nifty Trade Setup for 04 JULY 2022
Nifty expected to open flat to small gap down opening.
Expect Nifty to trade in range bound mode today.
Sell Opportunity :
Previous day V-CPR is a good resistance for Nifty, any sell trigger around this price levels would initiate sell for target of Bullish Reversal & then can trail for S1 & PDL.
Buy Opportunity :
In case if Bullish Reversal confirms any support by creating a buy trigger entry then we can expect possible upside target of Previous day CPR & then can trial for R1 & Bullish Breakout.
Nifty expected to open flat to small gap down opening.
Expect Nifty to trade in range bound mode today.
Sell Opportunity :
Previous day V-CPR is a good resistance for Nifty, any sell trigger around this price levels would initiate sell for target of Bullish Reversal & then can trail for S1 & PDL.
Buy Opportunity :
In case if Bullish Reversal confirms any support by creating a buy trigger entry then we can expect possible upside target of Previous day CPR & then can trial for R1 & Bullish Breakout.