Nifty 50 - Aug 23rd
Wednesday trade likely to see some momentum
High chances for re-testing 19300-19250 zone
Just in-case if there is breakout above 19450 levels it can fizzle out towards closing, in case if it sustain then following sessions will see some swift short covering prior to monthly expiry week
If price goes according to plan and following sessions in current expiry happen to retest 19300 levels then it is very likely for the September series to be trending at least in first half
High chances for re-testing 19300-19250 zone
Just in-case if there is breakout above 19450 levels it can fizzle out towards closing, in case if it sustain then following sessions will see some swift short covering prior to monthly expiry week
If price goes according to plan and following sessions in current expiry happen to retest 19300 levels then it is very likely for the September series to be trending at least in first half
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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.