Nifty Technical Analysis
Nifty should cross 7960 to remain positive on Oct 7. 8000 is the next resistance, if broken next target will be 8040. Support is at 7900, below which heavy profit booking could happen.
For Intraday trading on Oct 7, please follow the below levels of Nifty:
Resistance Levels: 7980-8000
Support Levels: 7920-7900
Positive above: 7960
Bullish momentum above:8000
Negative below: 7920
Bearish momentum below: 7900
Intraday Calls for Oct 7