Quote on today`s Nifty 29th October 2021 by Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 29th October 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"After showing a strong volatile week Index closed a week at 17672 with loss of more than two percent and formed a bearish candle after forming bearish piercing candle last week hinting weakness. On daily chart index reached to its good support zone 17600-17500 zone from where we have been witnessed a good move towards 18600 zone so if mentioned levels survived then one can again expect decent pullback towards 17800-17900 zone which are the immediate resistance also on the higher side, fresh move only possible above 18k mark"
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