RaviChandran_Rajkumar

Nifty trade setup for 25 APR 2022

NSE:NIFTY   Nifty 50 Index
Nifty trade setup for 25 APR 2022

Nifty having a gap down opening around 17000 levels.

20 APR Virgin CPR is a strong support for Nifty if that is getting compromised then we can expect Nifty to test the next support of 16800 & 16700 levels before getting a bounce back.

In case the virgin CPR gives a good support we can expect a pull back from these levels.

Any good support around 16800/16700 we can again expect a bullish reversal.

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