Indice Nifty 50Long
Nifty Analysis for tomorrow | Nifty Prediction | Nifty 19 April
Today Market closed @ 17185.
Previously discussed about 2 pending gaps on lower side & out of which 1 was full filled today.
Now what next maccha ?
Condition 1:
If market was able to hold & sustain above the Gap 2 (17235) Which will act as Resistance now then we can expect market to go up keeping in mind OI & Volume should support the short rally & Candle should 15 min only.
Condition 2:
If market remains flat then for up side follow Condition 1 & for down side wait until it hold & sustain below 17134 (Qty should be less) & once Todays low was taken out & add more Qty to your position for next target.
Condition 3:
If we see gap down market tomorrow then wait for settlement & take action based Price Action.
Previously discussed about 2 pending gaps on lower side & out of which 1 was full filled today.
Now what next maccha ?
Condition 1:
If market was able to hold & sustain above the Gap 2 (17235) Which will act as Resistance now then we can expect market to go up keeping in mind OI & Volume should support the short rally & Candle should 15 min only.
Condition 2:
If market remains flat then for up side follow Condition 1 & for down side wait until it hold & sustain below 17134 (Qty should be less) & once Todays low was taken out & add more Qty to your position for next target.
Condition 3:
If we see gap down market tomorrow then wait for settlement & take action based Price Action.
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