Nifty Intraday Trade Setup | 24th August 2021

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Nifty opened with a big gap-up today near the 16600 zones and we saw a sharp sell-off as expected. Nifty went to 16400, almost 200 points down from opening and then we saw a bounce from this zone which acted as support on Friday as well.

For tomorrow, we expect Nifty to give an up-move if we open flat around 16500 and break the falling resistance line on the upside.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 16540
Sell Below - 16450

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

Happy Trading!
InvestPro India Team
Ghi chú
1st Target done.
Ghi chú
2nd Target done.
Đóng lệnh: đạt mục tiêu
All Targets done.
Technical IndicatorsNIFTYniftyanalysisniftylevelsniftytradesetupSupport and ResistanceTrend Lines

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