Nifty likely to open gap down around 17300 levels.
We have good Virgin CPR support around our Bearish Break out Target 1 zone.
Hence any support confirmation at 17300 levels we can expect opportunity to go long with SL below T2 and expect first target of 17400 levels and then higher target of PDC & CPR.
In case if Bearing Target T2 is compromised on lower side we can expect Extended Targets.
We have good Virgin CPR support around our Bearish Break out Target 1 zone.
Hence any support confirmation at 17300 levels we can expect opportunity to go long with SL below T2 and expect first target of 17400 levels and then higher target of PDC & CPR.
In case if Bearing Target T2 is compromised on lower side we can expect Extended Targets.