Nifty Trade Plan for 22 OCT 2021
Expect a gap up opening in Nifty
Narrow CPR today, After gapup opening 18270 is the first resistance to be watched out.
If that is taken out successfully then we can expect 18363.
If Break out confirmed we can expect 18500 levels.
In case of any reversal and CPR will be a buying opportunity.
Nifty Trade Plan for 12 OCT 2021
Nifty showed some good profit booking on closing. CPR should act as a good support to good long.
If CPR acts a good resistance we can possibly short and expect Nifty to test Bearish Breakout zone 17834 levels.
In case if that is compromised we can expect the previous virgin CPR levels getting tested. (Target 1 & Target2)
Nifty Trade Plan for 11 OCT 2021
If Bullish Reversal provides support & CPR taken out upside
we can expect PDH will be possible first target and if taken out we can expect new highs.
If Break out is confirmed we can possibly expect Nifty
to test Target 2 & even Extended Target Zone at lower support zone