Nifty50 Prediction & Analysis [09 Aug 2021]
Nifty50 Spot Levels to watch out for trading on 9th Aug 2021
Long Opportunity: [Buy Nifty Future or Short ATM PUT Option]
1. Price breaks out of 16280 and retests the level again is a good support to go long
Short Opportunity: [Short Nifty Future or Short ATM Call Option]
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
Visit utube for Video Explanation: Akme Analytics
Long Opportunity: [Buy Nifty Future or Short ATM PUT Option]
1. Price breaks out of 16280 and retests the level again is a good support to go long
Short Opportunity: [Short Nifty Future or Short ATM Call Option]
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
Visit utube for Video Explanation: Akme Analytics
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