Nifty Trade Setup for 07 APR 2022
Nifty expected to open gap down around S1 Support.
The immediate resistance would be PDL & PDC and break out below Bearish Break out zone 17741 we can expect Possible Target 1 & Target 2. In case if Target 2 is achieved early during the day we can also expect 17600 too.
In case if S1 Support sustains on opening then expect the market will be trading in a tight range.
Nifty expected to open gap down around S1 Support.
The immediate resistance would be PDL & PDC and break out below Bearish Break out zone 17741 we can expect Possible Target 1 & Target 2. In case if Target 2 is achieved early during the day we can also expect 17600 too.
In case if S1 Support sustains on opening then expect the market will be trading in a tight range.