Nifty Intraday Trade Setup | 31st August 2021

We updated Traders about the Gap-up opening on Monday before Market closing on Friday. As expected, Nifty opened with a gap-up and continued the bullish momentum throughout the day. We bought 15750 CE around 140 which 215 and Traders booked great profit. We also booked profit in 16900 PE.

For tomorrow, we are expecting some weakness in the morning but that can be used buying opportunity as the uptrend can be continued tomorrow.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above - 16950
Sell Below - 16850 (Novice Traders should avoid taking Sell Trade)

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Happy Trading!
InvestPro India Team