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InvestPro_India
May 18, 2022 1:27 PM

Nifty Expiry Trade Setup | 19th May 

Nifty 50 IndexNSE

Description

Nifty opened with a gap-up around 16327 and after making a high near 16400 we saw selling as expected and Nifty made a low below 16220.

Tomorrow, if the Nifty breaks 16190 on the downside, we expect to see a downmove.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16350
Sell Below - 16190

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Comment

Gap-down opening, no trade as per set-up.
Comments
ddagro1
nifty open gap down and all day downside
dataentryworkservices
simple and sweet explaining way u have.
yashwhite26
nifty expected to open at 16000 gap down...what do do in that case
RAVIJANGIDIND
please provide time frame for breakout and breakdown of 16350 and 16190 levels.
InvestPro_India
@RAVIJANGIDIND, You can trade on 5 mins timeframe.
Kapil-Mittal
detailed analysis
snbhangare9
It will be bearish
snbhangare9
Good one
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