Nifty - Expiry day analysis August 4

1 048
The price took support from the 24500 zone and is moving up. On the daily chart, we can see clearly that the price opened and closed above the important resistance zone, which shows bullish strength.
snapshot
Buy above 24820 with a stop loss of 24760 for the targets 24860, 24920 and 24960.
Sell below 24640 with a stop loss of 24700 for the targets 24600, 24560 and 24520.
Expected expiry day range is 24700 to 25100.
Always do your analysis before taking any trade.

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