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Nifty 50 Index
Updated

Nifty Intraday Trade Setup | 30th August 2021

1 040
Nifty came near our falling resistance line and we saw a good down-move, as analyzed once Nifty sustained above the yellow trend line, we saw a good up-move. Nifty closed at 16705 and we updated Traders about the positive opening before market closing around 3:00 PM.

For tomorrow, SGX Nifty indicating a gap-up opening, if Nifty comes around 16700 it can be considered a buying opportunity.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above - 16720
Sell Below - 16650

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Note
As updated on Friday, Nifty opened with a gap-up and we saw a good rally.
InvestPro_India
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Chart PatternsTechnical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftylevelsniftyoptionsniftypredictionniftytradesetupTrend Analysis

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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.
Chart PatternsTechnical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftylevelsniftyoptionsniftypredictionniftytradesetupTrend Analysis
InvestPro_India
Subscription: investproindia.in/market-learning-group/

Whatsapp @8287021744

Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Also on:

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.