Expecting a flat opening in case of Nifty.
Nifty recovered well after testing that 11250 levels on closing and managed to close above next day CPR. Today's CPR should act as a good support on flat opening and 17390 & 17430 should act as a strong resistance on upside.
In case if 17430 taken on upside we can again see Nifty rallying on the upside.
In case if CPR low of 17318 compromised early during the day and also Previous day low compromised then we can expect possible lower Target 1 & Target 2 & Ex-Targets as identified by the indicator.
Nifty recovered well after testing that 11250 levels on closing and managed to close above next day CPR. Today's CPR should act as a good support on flat opening and 17390 & 17430 should act as a strong resistance on upside.
In case if 17430 taken on upside we can again see Nifty rallying on the upside.
In case if CPR low of 17318 compromised early during the day and also Previous day low compromised then we can expect possible lower Target 1 & Target 2 & Ex-Targets as identified by the indicator.