Nifty opened with a minor gap-up and initially, it was trading in a short-range. It broke our sell level of 17340 around 12:15 PM and Targets of 17300 and 17260 were achieved. Nifty had support at 17250 as we updated, we saw a good bounce from that zone.
Today, BankNifty outperformed Nifty, and tomorrow we expect another up-move in Nifty if it sustains above 17400 levels.
Expectations for Tomorrow: Range-bound day, Volatility after 1:00 PM.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Today, BankNifty outperformed Nifty, and tomorrow we expect another up-move in Nifty if it sustains above 17400 levels.
Expectations for Tomorrow: Range-bound day, Volatility after 1:00 PM.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
17380 - 17400 Is Resistance Zone for Nifty. Traders can try ITM Put in this zone.17340 - 17330 is acting as support.
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Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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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.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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.