Quote on today`s Nifty 01st November 2021 by Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 01st November 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Index opened a day with good gap and managed to hold its positive stream throughout the day & closed a day at 17930 with gains of 1.5% forming a bullish candle on the daily chart after three consecutive bearish candles. The index has reached to its hurdle zone of 17950-18000 mark if managed to cross & sustain above-said levels then we may see addition in current extension towards 18100-18200 zone quickly but if failed to hold then some profit booking can see towards 17850-17750 zone which are immediate supports zone on the downside where one can again look for buying opportunity"
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