Nifty Intraday Trade Setup | 29th July
Nifty opened with a slight gap-up and after sustaining above buy level 24460 we saw a fantastic rally towards 24850 which was Nifty all time high. Nifty made a new ATH at 24861 and closed with a bullish tone.
For tomorrow, if Nifty sustains above 24920 we expect to see an up-move towards 94960 and above levels. On the other side, if Nifty breaks 24780 on the downside we may see 24720 and lower levels marked the chart.
Buyers be cautious near 25000 levels as it's a physiological resistance.
Expectations: Selling for higher levels.
Intraday Levels:
Buy Above - 24920
Sell Below - 24780
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
For tomorrow, if Nifty sustains above 24920 we expect to see an up-move towards 94960 and above levels. On the other side, if Nifty breaks 24780 on the downside we may see 24720 and lower levels marked the chart.
Buyers be cautious near 25000 levels as it's a physiological resistance.
Expectations: Selling for higher levels.
Intraday Levels:
Buy Above - 24920
Sell Below - 24780
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
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