As analyzed, Nifty sustained above 16650 and we got our first Target on the buying side but as mentioned we saw a good rejection from 16700 levels, Nifty came down from 16712 to 16630 in just 15-20 mins.
For tomorrow, if we open with Gap-up again be cautious in the 16700 - 16720 zone as we can see the rejection. We have a weekly and monthly expiry tomorrow so Option Buyers be cautious.
Expectations for Tomorrow: Rang-bound day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 16660
Sell Below - 16590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, if we open with Gap-up again be cautious in the 16700 - 16720 zone as we can see the rejection. We have a weekly and monthly expiry tomorrow so Option Buyers be cautious.
Expectations for Tomorrow: Rang-bound day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 16660
Sell Below - 16590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.