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Nifty Intraday Trade Setup | 30th August 2021

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY niftyanalysis niftyprediction niftytradesetup niftylevels niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions
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trendanalysis chartpattern indicator nifty niftyanalysis niftyprediction niftytradesetup niftylevels niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions
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
Comment:
As updated on Friday, Nifty opened with a gap-up and we saw a good rally.
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