monday nifty analysis( 3rd inside candle)

important levels to watch:

for upside- 24610 , for downside - 24545

case1- if neither high nor low of 7 aug candle breaks then nifty will remain range bound between 24610 & 24545

case2- if we open above 24610 but do not break high of 7 aug, then we can plan for sell side till 24545 and if low of 7 aug breaks ,then 24490–24480 will be a very strong support .

case 3- if we open above 24610 and break high of 7 aug, then we can look for a buying opportunity from 24570 till T1- 24660-24675, T2- 24690-24710(strong resistance)

case4 - if we open below 24545 and low of 7 aug doesn’t break, then we can look for a buy trade till 24610