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Nifty Intraday Trade Setup | 23rd August 2021

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Nifty opened with a big gap-down and due to global cues, took support from 16375 and we saw a bounce towards 16500 which acted as a resistance zone and Nifty was trading in this zone for the entire day.

For tomorrow, SGX Indicating the gap-up opening and we can see an up-move above 16510.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16510
Sell Below - 16400

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Nota
Gap-up and rejection from upper levels, Traders bought PE in the morning made 100% profit.
InvestPro_India
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Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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Technical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftylevelsniftyoptionniftyoptionsniftytradesetupSupport and ResistanceTrend Lines

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Technical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftylevelsniftyoptionniftyoptionsniftytradesetupSupport and ResistanceTrend Lines
InvestPro_India
Subscription: investproindia.in/market-learning-group/

Whatsapp @8287021744

Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Juga pada:

Penerbitan berkaitan

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.