Nifty Intraday Trade Setup | 12th Jan '24
Today Nifty opened with a gap up around 21700 and we booked profit in BTST trade we took yesterday. Nifty faced rejection at 21725 which was a strong resistance zone and we got a good fall in morning towards 21640 which was our buy level for today.
For tomorrow, if Nifty sustains below 21590 we expect to see more downside towards 21550 and below marked levels. On the down side, Nifty has to break 21725 for further upside towards 21760 and upper marked levels.
Our biased it bearish and we are looking for fall tomorrow below 21590.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21725
Sell Below - 21590
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
For tomorrow, if Nifty sustains below 21590 we expect to see more downside towards 21550 and below marked levels. On the down side, Nifty has to break 21725 for further upside towards 21760 and upper marked levels.
Our biased it bearish and we are looking for fall tomorrow below 21590.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21725
Sell Below - 21590
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
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