Scenario 1: Gap Up Opening Above 21700**
- If NIFTY opens with a gap up above 21700, anticipate sideways trading between 21750 and 21666, facing rejection at 21753.
- Short near 21750 with a stop loss (SL) of 21770 for a target of 21666-21606.
- Consider buying only if prices move between 21666-21750 and break out above 21750. Target: 21820, SL: 21735.
**Scenario 2: Flat Opening Between 21666-21606**
- If prices open flat between 21666-21606, let the price break this range and trade accordingly.
- Breaking and sustaining above 21666: Buy for a target of 21753 with SL of 21600.
- Breaking down and trading below 21600: Short for a target of 21503-21465 with SL of 21660.
**Scenario 3: Red Opening Below 21600**
- Wait for prices to settle.
- Case 1: Buy if prices trade near 21500 with SL 21465. Target: 21605-21650-21700.
- Case 2: Buy if prices sustain above 21610 after opening. SL below 21590, Target: 21666 and above 21675, levels of 21700-21753 possible.
- Case 3: If prices face rejection at 21666 and trade below 21600, short with SL of 21630 for a target of 21510-21500.
Please note that trading involves risks, and it's essential to carefully consider your risk tolerance and financial situation before executing any trades. Additionally, market conditions can change rapidly, so it's advisable to stay updated with real-time information.