NIFTY Analysis/Prediction for tomorrow 18-05-2022For Flat Opening
🟢 Buy CE above 16070
✔️ Target Should be 16240
🔴 Buy PE below 15995
✔️ Target Should Be 15925, 15860
For Gap-UP Opening above 16150
🟢 Avoid CE or buy above 16250
🔴 Buy PE below 16050
✔️ Target Should Be 15925
For Gap-Down Opening below 16000
🟢 Avoid CE
🔴 Buy PE below 15925
✔️ Target Should Be 15800
Note:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like: Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.