Nifty Intraday Trade Setup | 31st May

NSE:NIFTY   Nifty 50 Index
Nifty opened with a gap-up around 16530, but we saw strength in the morning session which took Nifty towards 16690 zones that acted as resistance and Nifty was trading in 100 points range.

Tomorrow, if the Nifty breaks 16420 on the upside, we expect to see a further upmove.

Expectations for Tomorrow: Trending day.

Intraday Levels:
Buy Above - 16700
Sell Below - 16600

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

Happy Trading!
InvestPro India Team
Correction: If Nifty breaks 16700 on upside, can expect further upmove.
Trade closed: target reached:
Sell Trade Triggered in 2nd Half, 1st Target done.

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