OptionBreakout

NIFTY PREDICTION FOR MONDAY

NSE:NIFTY   Nifty 50 Index
I doubt on sustainability of gap up opening above 100-150 points in NIFTY. There will be huge selling pressure likely to be emerged at 16570-16600 in spot area. NIFTY may try to fill the intraday gap during the day towards 16450-16400 again...just an own view, not a trading recommendation :-)

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