Nifty 50 Index
Updated

Nifty Intraday Trade Setup | 9th January 2025

548
Nifty opened with a gap-up, faced resistance exactly at our buy level 23750 and came down. Nifty broke sell level 23640 around 10:15 and hit all our targets on downside.

We have seen recovery from 23500 levels in second half. Tomorrow, Buy Nifty if sustains above 23750 for the targets of 23800 and above marked level. On the other side, Sell Nifty if sustains below 23630 for the targets of 23580 and below marked level on the chart.

Expectations: Range-bound day

Intraday Levels:
Buy Above - 23750
Sell Below - 23630

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

Happy Trading!
InvestPro India
Trade closed: target reached
Sell trade triggered, both targets done.

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