RaviChandran_Rajkumar

Nifty Trade Plan for 01 NOV 2021

NSE:NIFTY   Nifty 50 Index
Nifty Trade Plan for 01 NOV 2021

Nifty likely to have a small gap up opening.

The first Key resistance to watch out is 17755, it that support holds good we can expect to retest 17858.
If 17858 is taken on upside we can expect possible retest of Previous Virgin CPR levels of 17940 levels.

On the lower side, in case if 17588 is compromised then we can possibly look for shorting opportunity with first
target being 17505 and then if that is compromised then we can expect lower targets as marked on charts.