Nifty Intraday Trade Setup | 30th July

Nifty opened with a slight gap-up and after testing 25000 levels we saw a sharp profit booking for approx 200 points. We suggested buyers to be cautious around 25000, hope no one would have trapped in buying at higher levels.

For tomorrow, if Nifty sustains above 24860 we expect to see an up-move towards 24900 and above levels. On the other side, if Nifty breaks 24780 on the downside we may see 24720 and lower levels marked the chart.

Expectations: Selling for higher levels.

Intraday Levels:
Buy Above - 24860
Sell Below - 24780