Nifty Trade Setup for 13 JUL 2022
Nifty is bearishly aligned for the day and at this point of time is expected to open with a gap up around Bearish Reversal Zone.
Any rejection trigger from Bearish Reversal & compromise of CPR we can expect Nifty to test the Bullish reversal zone & S1 & may be lower targets as marked.
Any Rejection from R1 on opening we can again expecting to CPR & then lower targets.
R1 is a strong resistance for Nifty and a break out above that we expect yesterday's Virgin CPR levels to be tested out.
Nifty is bearishly aligned for the day and at this point of time is expected to open with a gap up around Bearish Reversal Zone.
Any rejection trigger from Bearish Reversal & compromise of CPR we can expect Nifty to test the Bullish reversal zone & S1 & may be lower targets as marked.
Any Rejection from R1 on opening we can again expecting to CPR & then lower targets.
R1 is a strong resistance for Nifty and a break out above that we expect yesterday's Virgin CPR levels to be tested out.
