Nifty Intraday Trade Setup | 25th August 2021

As analyzed, we saw a good up-move once Nifty broke the falling resistance line and hit all our targets on buying side. For tomorrow, we can again see an up-move above 16650 but be cautious in the 16700 zones as it's a Nifty ATH.

If we open with a big gap-up, look for the selling opportunity in the morning at upper levels.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16650
Sell Below - 16550

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Happy Trading!
InvestPro India Team

Komentarz:

As mentioned, we saw good rejection from 16712.