Quote on today`s Nifty 20 October 2021 by Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 20 October 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Sharp selloff continued in the index for second consecutive day & closed a day at 18267 with loss of nearly one percent forming a bearish candle again on the daily chart. The index has reached to the good support zone of 18200-18140 if managed to hold above-said levels we may see some swift pullback so said levels will be buying area with overall stop out level of 18100 zone & on the higher side strong hurdle is formed near 18350-18450 zone, fresh move in the index may witness only if sustain above 18450 zone"
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