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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:
1. Price breaks out of 16295 and retests the level again is a good support to go long
Short Opportunity:
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 Prediction & Analysis [10 Aug 2021]Nifty50 Spot Levels to watch out for trading on 10th Aug 2021
Long Opportunity:
1. Price breaks out of 16325 and retests the level again is good support to go long
Short Opportunity:
1. Gap down opens below 16175 and stays below 16175 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
2. If Nifty Opens with a flat note then wait for the upward trendline to break near 16290.
Once broken and candlestick shows rejection near 16290 levels, then that area will be a good shorting zone.
Visit utube for Video Explanation: Akme Analytics
Nifty50 Prediction & Analysis [09 Aug 2021]Nifty50 Spot Levels to watch out for trading on 9th Aug 2021
Long Opportunity:
1. Price breaks out of 16280 and retests the level again is a good support to go long
Short Opportunity:
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
Visit utube for Video Explanation: Akme Analytics