Nifty Trade Plan for 04 JAN 2022
After a good rally can expect some profit booking today.
Expecting a flat to small gap up opening.
Expected Range:
Downside - 17500
Upside - 17900
Very wide CPR, can expect to be in a range. Any pull back to Bullish Reversal zone(17550) is a buying opportunity in Nifty and expect above targets.
On opening if 17680 taken out and sustains, we can expect above targets with yesterday's closing price as SL.
After a good rally can expect some profit booking today.
Expecting a flat to small gap up opening.
Expected Range:
Downside - 17500
Upside - 17900
Very wide CPR, can expect to be in a range. Any pull back to Bullish Reversal zone(17550) is a buying opportunity in Nifty and expect above targets.
On opening if 17680 taken out and sustains, we can expect above targets with yesterday's closing price as SL.