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Quote on today`s Nifty 27th October 2021 by Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 27th October 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Index opened a day with a small gap but unable to sustain on highs & showed profit booking resulting closed a day at 18210 with loss of half percent and formed again a bearish candle on the daily chart. Index has formed a strong hurdle zone near 18325 zone trading below said levels we may see some more profit booking but if managed to cross said levels decisively then next move towards 18500-18600 zone can’t rule out so fresh long would be suggested above 18325 zone and on the other hand immediate support is coming near 18150-18000 zone also long traders can trail there stop out below 18k mark"
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