Nifty expected to open gap up.
Nifty likely to open around 17670 levels If this Bearish Reversal zone is taken out on opening we can expect the first resistance around 17703 levels.
In case if this bullish Breakout zone of 17703 holds good and sustains we can expect possible Target 1 & Target 2 today.
In case if 17670 gives some resistance then we can expect nifty to come and test the CPR levels, Any support getting confirmed around 17600 levels is again a buying opportunity today.
Nifty likely to open around 17670 levels If this Bearish Reversal zone is taken out on opening we can expect the first resistance around 17703 levels.
In case if this bullish Breakout zone of 17703 holds good and sustains we can expect possible Target 1 & Target 2 today.
In case if 17670 gives some resistance then we can expect nifty to come and test the CPR levels, Any support getting confirmed around 17600 levels is again a buying opportunity today.