Nifty 50 Index
Updated

Nifty Intraday Trade Setup | 13th August

1082
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.