Nifty Expiry Trade Setup | 7th July
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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
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.
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