Nifty Intraday Trade Setup | 5th Feb

Today Nifty opened with a gap up around 21825 and broke the important resistance level 21850 where Nifty was facing hurdle from so many days. Above 21850 we were bullish in Nifty, booked our shorts, taken 21800 CE and got the great profit in both 21800 and 21950 CE.

For Monday, if Nifty sustains above 21930, we expect to see 21980 and upper marked levels. On the other side, if Nifty breaks 21800 on the downside, we may see 21760 and below marked levels on the chart.

Expectations: Positive Day

Intraday Levels:
Buy Above - 21930
Sell Below - 21800

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Happy Trading!
InvestPro India