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InvestPro_India
Aug 1, 2021 2:10 PM

Nifty Intraday Trade Setup | 2nd August 2021 

Nifty 50 IndexNSE

Description

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.
Comments
MandarNalawade
It's encouraging me your views are perfect.
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