Shivam_Bhanot

Intraday Trading - Caution Advised on Unique Market Conditions

Long
NSE:NIFTY   Nifty 50 Index
Today, NSE BSE declaring a holiday on Monday, the market is open. Banker and midcap expiries are on the horizon, with no mutual fund participation or disaster management recovery site work scheduled.

**Key Levels for Nifty:**
- Profit Booking Zone: 21711 to 21730.
- Institutions Supply Zone: 21785 to 21806.
- Gap Filling Zone: 21969 to 22008.

Approaching today's trading session with caution, we'll focus on breakout trading. Planning to initiate long positions above 15-minute highs and previous day highs, with profit-taking strategies in place at the mentioned zones.

Wishing you a successful and safe trading day. Happy trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.