Nifty opened with a minor gap-up and initially, it was trading in a short-range. It broke our sell level of 17340 around 12:15 PM and Targets of 17300 and 17260 were achieved. Nifty had support at 17250 as we updated, we saw a good bounce from that zone.
Today, BankNifty outperformed Nifty, and tomorrow we expect another up-move in Nifty if it sustains above 17400 levels.
Expectations for Tomorrow: Range-bound day, Volatility after 1:00 PM.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Today, BankNifty outperformed Nifty, and tomorrow we expect another up-move in Nifty if it sustains above 17400 levels.
Expectations for Tomorrow: Range-bound day, Volatility after 1:00 PM.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
17380 - 17400 Is Resistance Zone for Nifty. Traders can try ITM Put in this zone.17340 - 17330 is acting as support.
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🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.