NIFTY Analysis/Prediction for tomorrow expiry 04-08-2022

NIFTY Analysis/Prediction for tomorrow expiry 04-08-2022

For Flat/Gap-UP Opening
🟢 Buy CE near 17300
✔️ Target Should be 17520
🔴 Buy PE below 17220
✔️ Target Should be 17061, 17950

For Gap-Down Opening above 17240
🟢 Buy CE above 17390
✔️ Target Should be 17520
🔴 Buy PE below 17220
✔️ Target Should be 17060, 17950


Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 50 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.