Nifty - Trend Analysis for 22-08-2022

NSE:NIFTY   Nifty 50 Index

Levels on Chart as per Cash Index

Trade Setup : Use the Zones (Buyers / Sellers) to enter the market once the zones are tested and market shows smallest signs of respect to the zones. Break above or below the stop losses market may lead the directional trend for further strength or weakness respectively.

Overall Sentiment is still bullish unless Nifty breaks below 17400 levels significantly.

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