Nifty Intraday Trade Setup | 31st August 2021
We updated Traders about the Gap-up opening on Monday before Market closing on Friday. As expected, Nifty opened with a gap-up and continued the bullish momentum throughout the day. We bought 15750 CE around 140 which 215 and Traders booked great profit. We also booked profit in 16900 PE.
For tomorrow, we are expecting some weakness in the morning but that can be used buying opportunity as the uptrend can be continued tomorrow.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 16950
Sell Below - 16850 (Novice Traders should avoid taking Sell Trade)
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, we are expecting some weakness in the morning but that can be used buying opportunity as the uptrend can be continued tomorrow.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 16950
Sell Below - 16850 (Novice Traders should avoid taking Sell Trade)
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Related publications
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.