Nifty Trade Setup for 15 Sep 2021

NSE:NIFTY   Nifty 50 Index
Nifty Likely to open flat to small gap up.

Global markets having slight selling pressures.

Nifty first resistance to watch out will be 17400-17420 levels. Once if 17420 sustains and taken on the upside we can expect to test out Target 1 / Target 2 & higher.

Any rejection at these zones we can expect Nifty to test lower supports.

If CPR acts as resistance then we can expect Nifty to test 17360 and if that is compromised we can also test lower Target 1 & Target 2.