Nifty 50 IndexUpdated

Trade setup for Nifty on 30 Aug 2021

Nifty expected to have gap up opening.

All global parameters looks pretty bullish.

In case of gap up opening above 15791, if a good support is confirmed around 15791 then we can expect Target 1 , Target 2 & Even Ex Target around 15900 levels.

Any good rejection confirmation around Target 2 we can look for possible shorting with a small SL or option selling.
Note
Typo - Its 16791 not 15791

Disclaimer