Nifty expiry trades and targets for - 22/8/24

By GOPISRI
Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Comment
Nifty is opening gap up. It has come down till previous day high for sure. Look for PE till then, after it reaches just book profits without waiting for a second.
Comment
Gap is filled till previous day high. From now onwards think it as market opening flat and trade according to levels.
Comment
Look for CE trades as markrt is gong to end between 12800 to 12875 as per option chain.
Chart PatternsTrend Analysis
GOPISRI

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