Nifty Intraday Trading Strategy For Tomorrow 08-Feb

Today markets opened higher and traded in a range bound movement with choppiness and finally closed flat. Market may take cues from global markets and may trade positive.

On the daily chart we are witnessing a narrow range body formation which refers indecisiveness prevailing at current level. In coming trading session, if indices trade convincingly above 18,180 / 5,440 levels then they are likely to test 18,260 - 18,345/ 5,470 - 5,500 levels. On the downside, 17,820 / 5,350 levels are the multiple supports, if breached then indices could test 17,670 / 5,300 levels.

One Response so far

  1. Some Intraday Stock's for Making Money

    Sell LUPIN above 415
    stop loss of 421
    Target is 404 & 391.

    Arjun H.K.

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