Nifty Expiry Trade Setup | 12th August 2021

Updated
Nifty opened with a gap-up and as per our analysis, we saw a sharp selling from upper levels. Future Sellers and PE Buyers made a great profit in the morning. We also took a long position in Nifty Future around 16200 which went to 16280 around close.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 16300
Sell Below - 16240

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

Happy Trading!
InvestPro India Team
Note
1st Target Done on Buying Side.... be cautious on upper levels.
Technical IndicatorsNIFTYniftyanalysisniftyexpiryniftyintradayniftyintradaylevelsniftyintradaysetupniftyoptionniftyoptionsniftytradesetupSupply and DemandSupport and Resistance

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