Nifty Intraday Trade Setup | 16th December
Updated
Nifty opened with a minor gap-down and gave a breakdown in morning which dragged Nifty below 24200. However Nifty took support near 24180 and gave strong reversal, went initially till day high 24520 and after breakout we saw rally in Nifty towards 24792.
For tomorrow, if Nifty sustains above 24810 we may see further rally towards 24860 and upper marked levels. On the other side, if Nifty broke 24670 on downside we may see 24620 and below marked levels on the chart.
Expectations: Volatile day
Intraday Levels:
Buy Above - 24810
Sell Below - 24670
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Happy Trading!
InvestPro India
For tomorrow, if Nifty sustains above 24810 we may see further rally towards 24860 and upper marked levels. On the other side, if Nifty broke 24670 on downside we may see 24620 and below marked levels on the chart.
Expectations: Volatile day
Intraday Levels:
Buy Above - 24810
Sell Below - 24670
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Trade active
Sell trade triggered @ 24669 and 1st target done.
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Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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