RaviChandran_Rajkumar

Nifty Trade Plan for 29 Sep 2021

NSE:NIFTY   Nifty 50 Index
Expect Nifty to open gap down.

Global weakness witnessed in the last trading session and expecting nifty to open gap down.

On opening we can expect possible support around 17650 levels, if that is compromised we can expect Bearish Breakout zone 17564 to the tested. If break out confirmed then we can expect Target 1 & Target 2 to be tested.

Even that is compromised then extended target of 17300 likely to be tested.

Very Narrow CPR and India VIX on high , expect some good volatile market and trade safe.