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Nifty Intraday Trade Setup | 20th August 2021

Índice Nifty 50 (NSE:NIFTY)  
InvestPro_India  
NSE:NIFTY   Índice Nifty 50
Support and Resistance Trend Lines Technical Indicators NIFTY niftyanalysis niftyview niftytradesetup niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions niftyoption
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supportandresistance trendline indicator nifty niftyanalysis niftyview niftytradesetup niftyintradaylevels niftyintraday niftyintradaysetup niftyoptions niftyoption
Nifty opened with a gap-up and we saw profit booking at 16700 zones and Nifty kept making lower lows throughout the day. We bought 16550 as Zero Hero at 15 which went to around 37 and we booked 100% profit.

For tomorrow, we would be looking for a selling opportunity if Nifty opens a Flat or with a gap-up.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16600
Sell Below - 16490

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

Happy Trading!
InvestPro India Team

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