NIFTY | SCENARIO 1 | 22-07-2021

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NIFTY

This is Scenario-1 for NIFTY for minor gap up and turnaround in the global sentiment which is bullish at this moment.

In this I have mentioned 2 trade setup on the bullish side with entry, target and SL for each.

Also if Bullish sentiment remains strong on the expiry day, then there can be an bonus trade of 50 points if we see quick short covering.

Do comments if you want such scenario for BANKNIFTY as well.

Hope this idea is helping you to understand price action of the market.

Comment, if you have any doubt/suggestion.