NSE:NIFTY Analysis/Prediction for tomorrow 22-08-2022

Aug 21, 2022

NIFTY Analysis/Prediction for tomorrow

for flat & Gap-UP opening
🟢 Buy CE above 17850
✔️ Target Should be 17950
🔴 Buy PE near 17820 or below 17700
✔️ Target Should be 17720, 17500

for Gap-Down Opening
🟢 Buy CE above 17760
✔️ Target Should be 17850
🔴 Buy PE near 17750
✔️ Target Should be 17500


Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.


Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.

Aug 22, 2022

Trade closed: target reached