Sunday 3 October 2021

Nifty Outlook for 04th Oct

  In the previous session :

Nifty went down by 165 points before closing lower by 86 points on Friday.



Nifty made a new life time high of 17947.65 in this upmove from the lows of 7511.10 made on 24th March 2020


On 01st Sep :-

Nifty triggered our short trade and completed 2 targets and more doing 90 points . 

For 04th Oct :-

Sustaining above 17580 enter for 17610 - 17640 - 17725 , SL 17545

Sustaining below 17485 enter for 17455 - 17425 - 17335 , SL 17520

Now for this week :

Nifty has to break and sustain above 17610 - 17655 where it has its initial resistance for a further move towards 17780 - 17815 where it has its next resistance for the week

Nifty has to break and sustain below 17455 - 17410 where it has its initial support for a further move towards 17285 - 17250 where it has its next support for the week

Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .

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Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.   

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