RaviChandran_Rajkumar

Nifty Trade Plan for 12 OCT 2021

NSE:NIFTY   Nifty 50 Index
Nifty Trade Plan for 12 OCT 2021

Nifty showed some good profit booking on closing. CPR should act as a good support to good long.

If CPR acts a good resistance we can possibly short and expect Nifty to test Bearish Breakout zone 17834 levels.
In case if that is compromised we can expect the previous virgin CPR levels getting tested. (Target 1 & Target2)