NIFTY with a GAP down.

HOW TO TRADE IN NIFTY .

Nifty is making a bullish candle and global market is bullish but as corona cases are increasing, the market will be bearish.

behind the scenes:
FII BOUGHT 437CR DII BOUGHT 657CR.
EUROPEAN markets are flat.
SGX nifty is trading bearish at the time of review
Advance to decline ratio is around 1131:762 in Nifty50
US market data is bullish
Crude oil is trading at $62.92 bearish
Gold is trading at 1778 with bullish view
US 10yr bond is flat at 1.566 bearish
Dollar index is also flat 91.65 bearish
OI For Nifty for the lower side are 14,600/ 14,500/ 14,400/14,000
OI for nifty on the upper side are 14,700/ 14,800/ 15,000/ 15,500
Maximum OI at 15,000
Max pain at 14600
market price 14617


what to expect:
Market may show a bull run if crossed 14645
how to trade today:
1. Gap up opening
first possible resistance 14682
second 14733
third 14788


2. Gap down
first possible resistance 14574
second 14519
third 14471
fourth 14354
expecting a gap down

3.flat opening
14646 is a crucial level to watch

This is an educational analysis no call is related to it

Trade closed: target reached:

what a timing, just 2 min before gave the data and target reached already.