Nifty trade setup for 23 Aug 2021

NSE:NIFTY   Nifty 50 Index
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.


I think you meant 16413 & 16377...