Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty Prediction

NSE:NIFTY   Nifty 50 Index
After a long holiday, Back in action :-)
After a big bullish rally, What next ?
Can we go long ? The answer is No.

We have one more Gap down pending 15731.
Condition 1: If market opens flat in between 15579-15672, Then we have to wait either side breakout & then we take position accordingly.

Condition 2: If we witness Gap-Up opening, Hold for data buildup, Check OI & Volume & then go long with Small Qty.

Condition 3: If by any chance we witness Gap down opening then we can short below 15579.


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.