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InvestPro_India
Sep 19, 2021 7:12 AM

Nifty Intraday Trade Setup | 20th September 2021 

Nifty 50 IndexNSE

Description

Nifty opened with a gap-up above our first target on Buying side and faced resistance around 17800 for around 250 points. We bought Nifty 17700 CE on dips at 90 which went to above 116 and Trades booked great profit. We also bought Nifty 17650 CE at 105 but due to slow movement, we booked this at cost.

For tomorrow, SGX Nifty indicating the gap-down opening around 17490, would be looking for buying opportunity at a lower price.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17670
Sell Below - 17535

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

Happy Trading!
InvestPro India Team
Comments
awahid552
how do you get that support and resistance line over the chart
InvestPro_India
@awahid552, Through chart reading.
awahid552
@InvestPro_India, will you teach me?
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