Quote on today`s Nifty 03rd November 2021 By Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 03rd November 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Index again showed profit booking and closed a day at 17829 with loss of nearly half percent & formed a bearish candle on the daily chart for the second consecutive candle. Index has formed a small consolidation zone of 17600 on the downside & 18k on the higher side until we don’t see either side breakout. We may not see a clear direction move. Index is unable to cross its strong zone of 18k mark in last two sessions until we don’t cross above said levels we may not see good buying comes in & profit booking can be witnessed towards immediate support zone of 17750-17700 zone"
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