InvestPro_India

Nifty Intraday Trade Setup | 8th September 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with a minor gap-up , we saw a rejection at 17425 and Nifty made a low at 17287. We updated traders to go long at the bottom with a minor SL of 17275 which didn't come, we saw a good rally and made a new All-Time High. We bought 17250 and 17300 CE which gave us great profit.

Tomorrow, we may again see an up move towards 17490 - 500 if Nifty sustains above 17440 but be cautious in morning volatility .

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 17440
Sell Below - 17340

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

Happy Trading!
InvestPro India Team
Trade closed: target reached: Sell Trade triggered, 1st and 2nd Targets done.
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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

Ur analysis is really awesome.....Is it spot level or future
+2 Reply
@reshmi613, Thanks, these are spot levels.
Reply
Very useful for learning and thanks for sharing the analysis
+1 Reply
Keep it up
+1 Reply
Thanks for detailed analysis
+1 Reply