Nifty Update for 06th October 2021

6 paź 2021

We have seen a good bullish momentum from the last 2 trading sessions, India USD has given a good move at night and hit our short-term target which was found by the Harmonic ABCD pattern and giving a correction now. CMP is 17,816 which is Indicating a flat or small gap-down opening in our Market.

Trade setup
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Key support is: 17,750
Key Resistance is: 17,900

I don't think these support and resistance can break in today Intraday, High probability to see a sideways market today. Use your trading sense to trade. Avoid trading on the breakout levels. Today is the day to sell the 30-minute range...

6 paź 2021

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