NSE:NIFTY Analysis/Prediction for tomorrow 16-12-2022

NIFTY Analysis/Prediction for tomorrow

For Flat/Gap-UP Opening
🟢 Buy CE above 18530
✔️ Target Should be 18630
🔴 Buy PE near 18500 or below 18350
✔️ Target Should be 18400, 18220

For Gap-Down Opening
🟢 Avoid Trading


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.