Intraday Analysis for 29th Aug
Since last week we are observing and testing the important level of 19300 in nifty , we can conclude that Nifty is continuously taking support & holding it. We are bullish in Nifty by the present scenario.
Can consider buying above the breakout of 19320 with a confirmation candle for the target of 19410 and even if Nifty takes a dip down and holds the level of 19275-280 then also we will go for buying only.
Selling will be only if it breaks 19250 downside for the targets 19200 & 19160
Banknifty is strong and holding it’s supports very well.
Can consider buying above 44500 breakout for the targets of 44610 & 44700
Selling below 44450 for the targets of 44220 - 44200
- RUTUJA SHINDE, PUNE 📈
(The above information is for educational purpose only)
