Nifty Intraday Trade Setup | 17th Jan '24

Today Nifty opened with a minor gap down around 22090 and after making a low around 22030 we saw an up move towards 22124 and then profit booking from upper levels. Nifty took support around yesterday low 21970 and then we saw a consolidation.

For tomorrow, buy only if Nifty sustains above 22125, an up move towards 22165 and above marked levels. On the down side, Nifty has to break 21960 for further downside towards 21920 and below marked levels.

Expectations: Volatile Day

Intraday Levels:
Buy Above - 22125
Sell Below - 21960

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