Nifty trade setup for 09 Aug 2021

NSE:NIFTY   Nifty 50 Index
Nifty expected to open flat to gap down.

If 16207 is compromised then we can expect to test the breakout zone of 16175.

If 16175 compromised we can sit for lower targets 1 & 2.

Go long in case any closing above 16300 only.