As analyzed, Nifty sustained above 16650 and we got our first Target on the buying side but as mentioned we saw a good rejection from 16700 levels, Nifty came down from 16712 to 16630 in just 15-20 mins.
For tomorrow, if we open with Gap-up again be cautious in the 16700 - 16720 zone as we can see the rejection. We have a weekly and monthly expiry tomorrow so Option Buyers be cautious.
Expectations for Tomorrow: Rang-bound day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 16660
Sell Below - 16590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, if we open with Gap-up again be cautious in the 16700 - 16720 zone as we can see the rejection. We have a weekly and monthly expiry tomorrow so Option Buyers be cautious.
Expectations for Tomorrow: Rang-bound day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 16660
Sell Below - 16590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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.
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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.
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.