Nifty Trade setup for 20 Aug 2021

NSE:NIFTY   Nifty 50 Index
Expecting a gap down opening in Nifty tomorrow.

At the time of review, SGX is trading around 16360 where in we have a good support from V-CPR and can expect some long opportunity .

On the upside we have resistance around 16477.
If 16477 is taken on upside then we can expect the gap to be filled.