RaviChandran_Rajkumar

Nifty Trade setup for 06 Aug 2021

NSE:NIFTY   Nifty 50 Index
Nifty Trade setup for 06 Aug 2021

Expect a flattish to small gap up opening in Nifty .

In case the CPR or Bullish reversal zones holds good on opening we can expect Nifty to test our
Bearish reversal zone of 16332 & if that is taken out we can expect 16371 & higher.

If Bearish breakout below 16218 we can expect the lower targets and the gap might be filled out.

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