Nifty50 Prediction & Analysis [30 Aug 2021]

Nifty Prediction and Trade Setup for 30 Aug 2021

Long Setup:

Case 1:
Buy Nifty if it stays above 16725 for some time and breaks out of the range for a Target of 16750 followed by 16815

Case 2:
Buy Nifty if it stays and consolidate near 16630 for some time and breaks out of the range for a Target of 16675

Short Setup:
Short Nifty if it stays below 16675 for some time and breaks out of the range for a Target of 16625