Good Evening Traders,
Due to busy schedule we were not able to post Nifty intraday setup regularly but we will try to start posting Intraday ideas again.
On Thursday, Nifty opened with a gap-down due to fall in US markets on Wednesday but Nifty formed a double bottom around 21800 and is currently bullish so we saw good short-covering rally from 23330 to 23870.
Tomorrow, buy Nifty if sustains above 23870 for the targets of 23950 and above marked level. On the other side, sell if Nifty sustains above 23770 for the targets of 23680 and below marked level on the chart.
Expectations: Buy on dips in Nifty
Intraday Levels:
Buy Above - 23870
Sell Below - 23770
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Due to busy schedule we were not able to post Nifty intraday setup regularly but we will try to start posting Intraday ideas again.
On Thursday, Nifty opened with a gap-down due to fall in US markets on Wednesday but Nifty formed a double bottom around 21800 and is currently bullish so we saw good short-covering rally from 23330 to 23870.
Tomorrow, buy Nifty if sustains above 23870 for the targets of 23950 and above marked level. On the other side, sell if Nifty sustains above 23770 for the targets of 23680 and below marked level on the chart.
Expectations: Buy on dips in Nifty
Intraday Levels:
Buy Above - 23870
Sell Below - 23770
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.