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Nifty Expiry Trade Setup | 7th July

851
Nifty opened with a small gap-up around 15830 and we saw a highly volatile morning session where Nifty made a high around 15900 and a low near 15800 but after consolidation, we saw the strength and Nifty tested 16000 level. This was a major supply zone and we took a short position at 15970 on average which easily gave the 50 - 60 points target.

Tomorrow, if the Nifty breaks 16030 on the upside, we can expect a further rally.

Expectations for Tomorrow: Positive Morning session, Volatality after 12 PM.

Intraday Levels:
Buy Above - 16030
Sell Below - 15880

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

Happy Trading!
InvestPro India Team
Note
Gap-up opening, no trade as per set-up.
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.
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Chart PatternsTechnical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftyintradaytradesetupniftyintradaytradingniftyoptionsniftytradesetup
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.
Aussi sur:

Publications connexes

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.