Nifty Intraday Trade Setup | 6th September 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with a minor gap-up above our Buy Level of 17250 and after consolidation, it moved towards our first target 17295. As analyzed it was a volatile day, we bought 17300 PE twice but booked with minor profit.

For tomorrow, we can again see an up-move above 17350 but Buyers need to be cautious at upper levels as Nifty is overbought.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17350
Sell Below - 17200

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

Happy Trading!
InvestPro India Team
Comment: 1st Target done on buying side.

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.