RaviChandran_Rajkumar

Nifty Trade Plan for 11 June 2021

NSE:NIFTY   Nifty 50 Index
Nifty Trade Plan for 11 June 2021

How chart looks on HTF :
Nifty formed a good bullish candle on daily time frame taking good support from monthly support zone

Expected Opening :
Expecting a flattish to small gap up opening in Nifty .

Today's Trade Setup :

Nifty looks bullish and managed to close above next day CPR .

If flat or gap up opening, watch out for first resistance around 15751 and if that is taken out we can trade long for 15800 & higher.

If gap down opening, will wait for 15700 to be taken out on the lower side and might try for shorting opportunity till 15634 levels & lower.

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