Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty Prediction
After a lovely expiry let move ahead & plan it for tomorrow.
Today another GAP was got filled which was yesterday closing point @16550.
Now always remember after a Trending day most of the time market take a pause & then go for another ride & possibility may can happen tomorrow.
Upside Res1 : 16650
Upside Res1 : 16741
Below support1 : 16563
Below support1 : 16460
Condition 1:
Gap up opening wait for Retest R1 or White soldiers pattern for next 15 min & then take position. Immediate initial target is 16690 & if this taken away then it will go for 16741.
Condition 2: If flat opening then closely watch OI & Volume to catch the trend or any pattern to appear nearby 16650 either side.
Condition 3: Gap down opening wait for 15 min, Mark high low & then take trade, If Support 1 breaks with Volume then it will go 16460 / 16366.
Today another GAP was got filled which was yesterday closing point @16550.
Now always remember after a Trending day most of the time market take a pause & then go for another ride & possibility may can happen tomorrow.
Upside Res1 : 16650
Upside Res1 : 16741
Below support1 : 16563
Below support1 : 16460
Condition 1:
Gap up opening wait for Retest R1 or White soldiers pattern for next 15 min & then take position. Immediate initial target is 16690 & if this taken away then it will go for 16741.
Condition 2: If flat opening then closely watch OI & Volume to catch the trend or any pattern to appear nearby 16650 either side.
Condition 3: Gap down opening wait for 15 min, Mark high low & then take trade, If Support 1 breaks with Volume then it will go 16460 / 16366.