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RaviChandran_Rajkumar
Jan 4, 2021 10:04 PM

Nifty trade setup for 05 Jan 2021 

Nifty 50 IndexNSE

Description

Nifty trade setup for 05 Jan 2021

Expect a gap down opening in nifty today if the first buyzone 1 is not sustained on opening we can expect it take support at buyzone 2.

Need to trade between zones on confirmation.

The forecasted Buy & sell zones are calculated based on historic price movements and the exact levels will be updated by the indicator once the market opens up.

Trade closed: target reached

Target Achieved
Comments
connectbalakmr
I guess NIFTY should touch 13960 in the downside
RaviChandran_Rajkumar
@connectbalakmr, Key level for Nifty is 19050 , if its broken then we can expect lower levels
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