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.


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