Nifty trade setup for 23 Aug 2021

Nifty had a bearish closing in the previous session.

The current day CPR is narrow and 16413 is a key support to be watched out.
If it sustains to hold then we can expect Nifty to again test 16523 & 16585 levels.

In case if 16143 & 16377 is compromised we can expect the lower Targets to be tested.
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