TheTechNifty

NIFTY Analysis/Prediction for tomorrow 18-05-2022

TheTechNifty Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY Analysis/Prediction for tomorrow 18-05-2022

For Flat Opening
🟒 Buy CE above 16070
βœ”οΈ Target Should be 16240
πŸ”΄ Buy PE below 15995
βœ”οΈ Target Should Be 15925, 15860

For Gap-UP Opening above 16150
🟒 Avoid CE or buy above 16250
πŸ”΄ Buy PE below 16050
βœ”οΈ Target Should Be 15925

For Gap-Down Opening below 16000
🟒 Avoid CE
πŸ”΄ Buy PE below 15925
βœ”οΈ 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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