NIFTY Analysis/Prediction for tomorrow 27-10-2023

26 oct. 2023

NIFTY Analysis/Prediction for tomorrow

If market opens flat or slight Gap-Down
🟢 Avoid CE
🔴 Buy PE Below 18825
✔️ Target Should be 18760, 18670

If market opens gap-UP (Above 18955)
🟢 Buy CE above 18950
✔️ Target Should be 19120
🔴 Avoid PE


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.