Quote on today`s Nifty 03rd December 2021 By Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 03rd December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Index closed a week at 17197 with gains of more than one percent and formed a doji sort of candle pattern on weekly chart after two bearish candles which hint indecision in the markets. Good demand zone for nifty is already formed near 17100-17000 zone & holding above said levels one can expect index to march towards 17500-17600 zone in near term but if failed to hold then more profit booking can push index to much lower levels, immediate hurdle is coming near 17300-17440 zone"
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