TheTechNifty

NIFTY Analysis/Prediction for tomorrow 08-08-2022

NSE:NIFTY   Nifty 50 Index
NIFTY Analysis/Prediction for tomorrow 08-08-2022

For Flat/Gap-Up Opening
🟒 Buy CE above 17480
βœ”οΈ Target Should be 17550, 17650
πŸ”΄ Buy PE below 17350
βœ”οΈ Target Should be 17270, 17175

For Gap-Down Opening between 17350-17270
🟒 Buy CE above 17430
βœ”οΈ Target Should be 17550, 17650
πŸ”΄ Buy PE near 17400
βœ”οΈ Target Should be 17270, 17175, 17030


Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 50 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.

Disclaimer

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