Nifty - Expiry day analysis Aug 21

686
Today price took support from the 24900 zone and moved up. Movement was with less trend strength. If the price does not gain strength, we can expect a range move between 24900 to 25100 levels. 25000 is a strong support.
Buy above 25020 with the stop loss of 24970 for the targets 25060, 25100, 25160, and 25220.
Sell below 24900 with the stop loss of 24950 for the targets 24860, 24800, 24760, and 24700.
Always do your analysis before taking any trade.
Note
Forming range between 25050 to 25150. snapshot
Note
Price moved within the expected range. snapshot

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