Nifty Intraday Trade Setup | 19th DecemberNifty opened with a minor gap-down and it morning we saw some volatile moves, once Nifty sustained below 24300 which was a crucial support level, we saw good fall and Nifty made a low near 24150 and closed below 24200.
There is US Fed meeting tonight and tomorrow we may see the impact on Indian markets.
For tomorrow, if Nifty sustains below 24150 we may see further downside towards 24100 and below marked levels. On the other side, if Nifty breaks 24250 on upside we may see 24300 and above marked levels on the chart.
Expectations: Volatile day
Intraday Levels:
Buy Above - 24250
Sell Below - 24150
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InvestPro India
Niftyintradaytrading
Nifty Intraday Trade Setup | 17th DecemberNifty opened with a minor gap-down and after consolidating Nifty broke our Sell level 24670 on downside and made a low around 24600. Traders followed the idea must have booked profit in Sell side.
For tomorrow, if Nifty sustains below 24600 we may see further downside towards 24550 and below marked levels. On the other side, if Nifty breaks 24710 on upside we may see 24760 and above marked levels on the chart.
Expectations: Range bound day
Intraday Levels:
Buy Above - 24710
Sell Below - 24600
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Intraday Trade Setup | 16th DecemberNifty 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
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India