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NIFTY Trade Setup 06-Oct-2022 | NIFTY Weekly Expiry Trade Plan Thursday October 6, 2022

 

  • Sentiment: strongly bullish.
  • Rally Condition: price cross above 17291.
  • Targets: 17396.30 and 17481.30.
  • Pullback Condition: price fall below 17287.
  • Pullback Target: 17226.30.
  • Sentiment Change Condition: price fall below 17226.30.
  • Sent. Change Targets: 17161.36 - 17117.30 and 17121.24 - 17056.30.
  • Breakout Rank: 7.
  • Previous Close: 17274.30 (386.95)
  • Sellers Zone: 17287.30 - 17291.24
  • Resting Zone: 17202.30 - 17250.30
  • Buyers Zone: 17117.30 - 17161.36
  • Resistances: 17291.24, 17331.36, 17396.30
  • Supports: 17161.36, 17121.24, 17056.30


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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