Nifty Intraday Trade Setup | 22nd July 2021

22 lug 2021

Nifty opened with a big gap-down and went up to 15825 zones where it faced rejection. We suggested buying 15850 PE near 65 in the morning which went 80+ in no time. We also bought 15800 PE around 12 but due to slow movement exit around cost though it went to 33 around 2:45.

Nifty is looking strong and if it sustains above 15840 tomorrow, we may see marked levels, Buyers be cautious in the 15920-15960 zone as we saw a big rejection last time.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 15840
Sell Below - 15770

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

Happy Trading!
InvestPro India Team

22 lug 2021

Nota

Sorry for the Typo, this analysis is for tomorrow, July 23rd.