Nifty Intraday Trade Setup | 13th August

Updated
Nifty opened flat and we saw some negative sentiments in morning due to Hindenburg report but we saw a good rebound from 24200 which was a support zone towards 24470.

For tomorrow, if Nifty sustains above 24500 we expect to see an up-move towards 24540 and above levels. On the other side, if Nifty breaks 24300 on the downside we may see 24260 and lower levels marked the chart.

Expectations: Range-bound movement.

Intraday Levels:
Buy Above - 24500
Sell Below - 24300
Trade closed: target reached
24300 broke, 1st and 2nd targets done. Below 24200 fresh weakness will be seen.
Trade closed: target reached
All targets done.
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