RaviChandran_Rajkumar

Nifty Trade Plan for 05 JAN 2022

NSE:NIFTY   Nifty 50 Index
Nifty Trade Plan for 05 JAN 2022

Nifty looking pretty bullish and bull run seems to continue from yesterday close. Expecting a gap up opening in Nifty around 17840 zones.

On opening if PDH is tested and support confirmed, we can possibly look for long opportunity & if R1 is taken out successfully we can expect 18k getting tested.

In case PDH & PDC getting compromised we can expect Nifty to test CPR .