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RaviChandran_Rajkumar

Nifty Trade Setup for 24 Aug 2021

Índice Nifty 50 (NSE:NIFTY)  
RaviChandran_Rajkumar  
NSE:NIFTY   Índice Nifty 50
Trend Analysis Chart Patterns Technical Indicators NIFTY niftytrend niftytradesetup niftytrendanalysis niftytradingidea niftytradeidea niftytechnicals tradershedge
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trendanalysis chartpattern indicator nifty niftytrend niftytradesetup niftytrendanalysis niftytradingidea niftytradeidea niftytechnicals tradershedge
Long Opportunity :
If Nifty opens flat and CPR provides support and first resistance of 16530 taken out we can expect it test 16550 & then the previous V-CPR levels.

A close above V-CPR we can expect again to go long and sit for Target 1 & Target 2

Any good support at yesterday's low is good opportunity to go long.

Short Opportunity :
Any resitance at V-CPR we can possible go short with VCPR above as SL and expect it to test CPR.

If it opens flat and compromises CPR then we can expect to yesterday lows.
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