Nifty Intraday Trade Setup | 7th Feb

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Today Nifty opened with a gap up around 21830 and after consolidating it gave a breakout above 21850 which was also out buy level and Nifty gave a rally towards 21950. Yesterday we also posted an idea about a Fall around 10:00 am and we saw 70 - 75 points sharp decline from 21850 levels.

For tomorrow, if Nifty sustains above 22000, we expect to see 22040 and upper marked levels. On the other side, if Nifty breaks 21850 on the downside, we may see 21800 and below marked levels on the chart.

Expectations: Volatile Day

Intraday Levels:
Buy Above - 22000
Sell Below - 21850

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

Happy Trading!
InvestPro India

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