Nifty Prediction & Analysis [12 Aug 2021]
Nifty50 Prediction and Analysis For Tomorrow
Nifty50 Spot Levels to watch out for trading on 12th Aug 2021
Long Opportunity: [Buy Nifty Future or Short ATM PUT Option]
1. Price breaks out of 16295 and retests the level again is a good support to go long
Short Opportunity: [Short Nifty Future or Short ATM Call Option]
1. If Nifty Opens with a flat note then wait for the upward trendline to break near 16280 and show rejection.
Once broken and the candlestick shows rejection near 16280 levels, then that area will be a good shorting zone.
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Nifty50 Spot Levels to watch out for trading on 12th Aug 2021
Long Opportunity: [Buy Nifty Future or Short ATM PUT Option]
1. Price breaks out of 16295 and retests the level again is a good support to go long
Short Opportunity: [Short Nifty Future or Short ATM Call Option]
1. If Nifty Opens with a flat note then wait for the upward trendline to break near 16280 and show rejection.
Once broken and the candlestick shows rejection near 16280 levels, then that area will be a good shorting zone.
Visit utube for video explanation
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