Nifty came near our falling resistance line and we saw a good down-move, as analyzed once Nifty sustained above the yellow trend line, we saw a good up-move. Nifty closed at 16705 and we updated Traders about the positive opening before market closing around 3:00 PM.
For tomorrow, SGX Nifty indicating a gap-up opening, if Nifty comes around 16700 it can be considered a buying opportunity.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 16720
Sell Below - 16650
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Happy Trading!
InvestPro India Team