NIFTY Analysis/Prediction for Monday 16-10-2023

Updated

Analysis/Prediction for tomorrow

If market opens between 19720-19780
🟢 Buy CE Above 19810
✔️ Target Should be 19860, 19990
🔴 Buy PE Only below 19690
✔️ Target Should be 19640, 19540

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.

Note

The study remains same for tomorrow 17-10-2023

TheTechNifty

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