NIFTY trade setup for 07 Jan 2021 - Expect to Kiss 14996

Our analysis of Nifty touching 14500 levels still holds strong and look for buying opportunity at every dip. All our levels were respected yesterday and the triggers were quite accurate.

Expecting nifty to open with a small gap and wait for the first dip to have good entry. Will have a good volatility as expiry but most likely will touch the final target of 14996 by EOD.

The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.

You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.

Happy Trading !

NIFTYPivot PointsSupply and DemandSupport and Resistancetradershedge

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