Nifty Intraday Trade Setup | 23rd Jan '24
Today Nifty opened with a gap up around 21700 and after forming a high at 21720 which was also a resistance zone Nifty kept falling and made lower lows entire day. We traded Nifty Puts in early morning and around 1:35 and booked great profit today.
For Tuesday, 23rd Jan if Nifty sustains below 21540, we expect to down move towards 21510 and below marked levels. On the other side, Nifty has to sustains above 21680 for further upside towards 21715 and upper marked levels.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21680
Sell Below - 21540
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
For Tuesday, 23rd Jan if Nifty sustains below 21540, we expect to down move towards 21510 and below marked levels. On the other side, Nifty has to sustains above 21680 for further upside towards 21715 and upper marked levels.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21680
Sell Below - 21540
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
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.