Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty Prediction

Market is in negative territory.
We have to find opportunity to sell on rise only untill market cross & sustain above 17000.

Condition applied.
S1:16360
S2:16286
S3:16200
R1:16460
R2:16563
R3:16649

Gaps: 16204 & 15839

Condition 1: If we witnessed Gap down opening then for sure market will retest 16204, so wait for 3 black crows pattern & enter.

Condition 2: Sideways , Wait for 1st 15 min candle to make High & low & then take the trade, Any long trade will be only with small quantity.

Condition 3: Gap up opening, Again need to wait , Check Volume & OI, Wheather its supporting price or not & then take trade.