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Nifty Intraday Trade Setup | 25th August 2021

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY niftyanalysis niftyview niftytradesetup niftylevels niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions
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trendanalysis chartpattern indicator nifty niftyanalysis niftyview niftytradesetup niftylevels niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions
As analyzed, we saw a good up-move once Nifty broke the falling resistance line and hit all our targets on buying side. For tomorrow, we can again see an up-move above 16650 but be cautious in the 16700 zones as it's a Nifty ATH.

If we open with a big gap-up, look for the selling opportunity in the morning at upper levels.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16650
Sell Below - 16550

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

Happy Trading!
InvestPro India Team
Comment:
As mentioned, we saw good rejection from 16712.
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