Get started
InvestPro_India

Nifty Intraday Trade Setup | 2nd August 2021

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns NIFTY niftyanalysis nifty50 niftyprediction niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions niftyoption
29
1
trendanalysis chartpattern nifty niftyanalysis nifty50 niftyprediction niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions niftyoption
Nifty opened with a minor gap-up and we saw some selling after open, Nifty took support near our selling level 15740 and Nifty was trading in a range of 15740 and 15820 which was broken around 1:30, Buy trade triggered as per set-up and our 1st Target was achieved.

We sold Nifty at 15860 against the day high of 15862 and both Furue Sellers and Put buyers made a good profit.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 15820
Sell Below - 15740

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

Happy Trading!
InvestPro India Team
Comment:
15860-15920 is Resistance, trading in a narrow range.
Subscription Plans: investproindia.in/subscription

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.

Related Ideas

InvestPro_India
Nifty Expiry Trade Setup | 5th August 2021
InvestPro_India
Nifty Intraday Trade Setup | 4th August 2021
InvestPro_India
Nifty Intraday Trade Setup | 3rd August 2021
InvestPro_India
Nifty Intraday Trade Setup | 30th July 2021
InvestPro_India
Nifty Expiry Trade Setup | 29th July 2021
InvestPro_India
Nifty Intraday Trade Setup | 28th July 2021
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.