Nifty Prediction for 30th Aug. Will market sustain 16800?
Tomorrow Market may open in Gap up
Reach up till 16800
If and only if you get an opportunity to 16710 level then take CE
otherwise, Wait for Reversal only...Because sentiments are positive and mixed for Profit booking levels
Around 16790-16800 Profit booking may come be Ready for that
If trend line breaks then and only Then PE should be taken
Stoploss will save you
Reach up till 16800
If and only if you get an opportunity to 16710 level then take CE
otherwise, Wait for Reversal only...Because sentiments are positive and mixed for Profit booking levels
Around 16790-16800 Profit booking may come be Ready for that
If trend line breaks then and only Then PE should be taken
Stoploss will save you
Note
Also look for Gap up above 16800 it will go maximum to 16900 if there you get rejection then dafinately look for PEGap down - opens and sustain below 16640 it will go to 16600
Act accordigly.
P.S. Stoploss is must
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.