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InvestPro_India
Aug 5, 2021 1:38 PM

Nifty Intraday Trade Setup | 6th August 2021 

Nifty 50 IndexNSE

Description

Nifty opened with a gap-up and as we updated before market hours Nifty came down from 16290 zones to 16210. We suggested buying 16250 PE at 30-25 Range which made a high of 59 and Traders easily booked 100% profit. We again shared the idea to sell Nifty around 16325 and we again got a good fall.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16310
Sell Below - 16250

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

Happy Trading!
InvestPro India Team
Comments
ravi0134
Hello.suggest smthing fr nifty..bought 16400CE in the morning..should hold or book loss?
InvestPro_India
@ravi0134, Range bound market, better to avoid
Manishtak2020
sir what is this 3 white line in the above abd below
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