Nifty Intraday Trade Setup | 2nd August 2021

Diupdate
Nifty opened with a minor gap-up and we saw some selling after open, Nifty took support near our selling level 15740 and Nifty was trading in a range of 15740 and 15820 which was broken around 1:30, Buy trade triggered as per set-up and our 1st Target was achieved.

We sold Nifty at 15860 against the day high of 15862 and both Furue Sellers and Put buyers made a good profit.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 15820
Sell Below - 15740

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

Happy Trading!
InvestPro India Team
Catatan
15860-15920 is Resistance, trading in a narrow range.
Chart PatternsNIFTYnifty50niftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftyoptionniftyoptionsniftypredictionTrend Analysis

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