Nifty opened with a small gap-down around 16500, after making a low near 16450 we saw a bounce in towards 16584 and after some consolidation, Nifty made a new day high near 16650.
Tomorrow, if the Nifty breaks 16650 on the upside, we expect to see a further upmove but 16700 is resistance so be cautious in that zone.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16650
Sell Below - 16560
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Tomorrow, if the Nifty breaks 16650 on the upside, we expect to see a further upmove but 16700 is resistance so be cautious in that zone.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16650
Sell Below - 16560
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
