Nifty Intraday Trade Setup | 17th December

Nifty opened with a minor gap-down and after consolidating Nifty broke our Sell level 24670 on downside and made a low around 24600. Traders followed the idea must have booked profit in Sell side.

For tomorrow, if Nifty sustains below 24600 we may see further downside towards 24550 and below marked levels. On the other side, if Nifty breaks 24710 on upside we may see 24760 and above marked levels on the chart.

Expectations: Range bound day

Intraday Levels:
Buy Above - 24710
Sell Below - 24600

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

Happy Trading!
InvestPro India