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TheTechNifty
Oct 19, 2022 12:53 PM

NSE:NIFTY Analysis/Prediction for tomorrow expiry 20-10-2022 

Nifty 50 IndexNSE

Description

NSE:NIFTY Analysis/Prediction for tomorrow

Note: If market opens flat or 50 to 60 points GAP there are maximum
chances that the price will be in range so try to
trade after 1 PM, one side movement could be possible.


for Gap-UP opening
🟢 Buy CE above 17620
✔️ Target Should be 17720
🔴 Avoid PE

For Gap-Down
🟢 Buy CE above 17520
✔️ Target Should be 17620, 17720
🔴 Buy PE below 17440
✔️ Target Should be 17350


Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.


Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
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