Nifty Intraday Trade Setup | 19th July 2021

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Nifty opened flat, broke Thursday's high but couldn't sustain and we saw the rejection. It was a range-bound day as Nifty also didn't go much down and moving in 80 points range. We bought Nifty 16000 PE and booked at cost because of the range-bound move.

SGX Nifty is showing indicating gap-down opening with more than 100 points, expecting a volatile day.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 15960
Sell Below - 15880

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

Happy Trading!
InvestPro India Team