Nifty opened with a big gap-down and due to global cues, took support from 16375 and we saw a bounce towards 16500 which acted as a resistance zone and Nifty was trading in this zone for the entire day.
For tomorrow, SGX Indicating the gap-up opening and we can see an up-move above 16510.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16510
Sell Below - 16400
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, SGX Indicating the gap-up opening and we can see an up-move above 16510.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16510
Sell Below - 16400
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Comment:
Gap-up and rejection from upper levels, Traders bought PE in the morning made 100% profit.
