TraderRahulPal

NIfty Intraday levels 21/Aug/23

Long
NSE:NIFTY   Nifty 50 Index
Good Morning Traders, Nifty trading at support zone, we might can see a reversal from current levels to downward slopping trendline. Best action can be seen only if nifty breaks its important support zone or give breakout of downward slopping trendline. We might can see upside momentum also in coming days. Let's see we will just work according to price action.

Important levels for Nifty:-

Buy in between 19275-19300.
Keep stop loss at 19245
Targets we can see in upside 19373/19416.


Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Comment:
First target completed, wait for 2nd target and trail your stop losses

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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