InvestPro_India

Nifty Intraday Trade Setup | 20th August 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with a gap-up and we saw profit booking at 16700 zones and Nifty kept making lower lows throughout the day. We bought 16550 as Zero Hero at 15 which went to around 37 and we booked 100% profit.

For tomorrow, we would be looking for a selling opportunity if Nifty opens a Flat or with a gap-up .

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16600
Sell Below - 16490

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

Happy Trading!
InvestPro India Team
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Comments

 
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Very much agreed. But I feel it will give big gap down opening. Having two lot PEs long!! Finger crossed!!
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