Nifty Intraday Trade Setup | 19th August
Nifty opened with a gap-up, saw profit booking in morning which dragged Nifty near our buy zone 24200. Nifty took support and we saw sharp rally towards 24563.
For tomorrow, buy Nifty if sustains above 24530 we expect to see some up-move towards 24580 and above levels. On the other side, if Nifty breaks 24400 on the downside we may see 24350 and lower levels marked the chart.
In case Nifty opens with Gap-up let it sustain above 24600 for fresh buying.
Expectations: Volatile movement.
Intraday Levels:
Buy Above - 24530
Sell Below - 24400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
For tomorrow, buy Nifty if sustains above 24530 we expect to see some up-move towards 24580 and above levels. On the other side, if Nifty breaks 24400 on the downside we may see 24350 and lower levels marked the chart.
In case Nifty opens with Gap-up let it sustain above 24600 for fresh buying.
Expectations: Volatile movement.
Intraday Levels:
Buy Above - 24530
Sell Below - 24400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Penafian
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