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NIFTY Trade Setup 03-Oct-2022 to 07-Oct-2022 | Nifty Prediction for 1st Week of October 2022

  • Sentiment: strong bullish reversal.
  • Trend Change Confirmation: price cross above 17196.
  • Targets: 17461.52 and 17685.87.
  • Trend Change Failure Condition: price fall below 17013.
  • Failure Targets: 16841.41 - 16747.70 and 16564.12 - 16339.77.
  • Breakout Rank: 7.
  • Previous Close: 17094.35 (-233.00)
  • Sellers Zone: 17184.22 - 17196.40
  • Resting Zone: 16972.05 - 17053.58
  • Buyers Zone: 16747.70 - 16841.41
  • Resistances: 17184.22, 17290.11, 17461.52
  • Supports: 16841.41, 16735.52, 16564.12

Disclaimer: These are only suggestive technical rules that have been found to work well over time in the market. These are not any trading or investing recommendations. We suggest you to take advice from certified experts for trading and investing. Neither PickMyStox nor any of its associates are responsible for any trading or investing loss.

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