Nifty Intraday Trade Setup | 30th August 2021

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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

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ملاحظة

As updated on Friday, Nifty opened with a gap-up and we saw a good rally.