11-02-2021 04:51 PM | Source: LKP Securities Ltd
Quote on today`s Nifty 02nd November 2021 By Rohit Singre, LKP Securities
News By Tags | #607 #2951 #879

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Below is quote on today`s Nifty 02nd November 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities

"Index opened a day with a gap but witnessed some profit booking and closed a day at 17889 with mild loss & formed a bearish candle on the daily chart. Index has formed a good support zone around 17850-17780 zone & holding above said levels we may see index to trade with positive bias also existing longs can be hold with keeping stop out level below 17750 zone on closing basis, immediate & strong hurdle is formed near 17950-1800 mark until we don’t cross above 18k mark we may not see aggressive buying in the markets"

 

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