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
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
Comment:
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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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
