Nifty opened a flat and had a sharp sell-off in the morning as we analyzed, Nifty broke it's previous support zone 15600-15580 and made a new low around 15510 but it gave a good recovery and closed above 15700 which is an important level on a closing basis. For tomorrow, Nifty may move towards 15800-15850 and that would be the selling opportunity for Intraday traders.
Expectations for Tomorrow: Range-bound day, volatility after 1:00 PM.
Intraday Levels:
Buy Above - 15720
Sell Below - 15650
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InvestPro India Team
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