RaviChandran_Rajkumar

Nifty Trade Setup for 05 APR 2022

NSE:NIFTY   Nifty 50 Index
Nifty is opening flat and first resistance to watch out is PDH.

If Nifty retraces to Bullish Reversal Zone and finds a support we can possibly look for long opportunity with target as PDH & R1. R1 taken on upside we can expect higher targets.

In case of strong resistance confirmation at R1 or CPR compromised we can expect 17900 to be tested.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.