Nifty Trade Setup for 07 Sep 2021
Expect a gap up opening in Nifty.
Global markets all looking bullish.
Nifty heading to our daily resistance levels of 17500.
First resistance to watched out today is 17400. If that is taken out then we can expect next resistance at Previous day High. If PDH is compromised we can see Nifty testing Target 1 , Target 2 & even extended Targets.
Any pull back to CPR or Bullish reversal zone is a buying opportunity.
Global markets all looking bullish.
Nifty heading to our daily resistance levels of 17500.
First resistance to watched out today is 17400. If that is taken out then we can expect next resistance at Previous day High. If PDH is compromised we can see Nifty testing Target 1 , Target 2 & even extended Targets.
Any pull back to CPR or Bullish reversal zone is a buying opportunity.
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