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Nifty Intraday Trade Setup | 12th July 2021

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns NIFTY niftyanalysis niftyindia nifty50 niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions niftyoption
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trendanalysis chartpattern nifty niftyanalysis niftyindia nifty50 niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions niftyoption
Nifty opened with a gap-down near our sell level 15680 and made a low of 15633 in the first 15 mins. Then we saw a high of 15730 and then Nifty was trading the range for the entire day. Nifty is trading in a range of 15900 - 15650 and it tested the lower range, if Nifty doesn't break the Friday low we can again expect to see it around the 15870 - 15900 zone.

Expectations for Tomorrow: Trending day.

Intraday Levels:
Buy Above - 15730
Sell Below - 15650

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Happy Trading!
InvestPro India Team
Comment:
Bought Nifty around 15675, SL is 15615.
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