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Nifty Expiry Trade Setup | 12th August 2021

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India Updated   
NSE:NIFTY   Nifty 50 Index
Support and Resistance Supply and Demand Technical Indicators NIFTY niftyanalysis niftyexpiry niftyoptions niftyoption niftyintradaylevels niftyintraday niftyintradaysetup niftytradesetup
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supportandresistance supplyanddemand indicator nifty niftyanalysis niftyexpiry niftyoptions niftyoption niftyintradaylevels niftyintraday niftyintradaysetup niftytradesetup
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
Comment:
1st Target Done on Buying Side.... be cautious on upper levels.
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