Nifty Analysis for Tomorrow (intraday Trading Setup-options)
Today market opened Gapup but not sustained.
After 2 Pm price created a support and at the time closing bounce little bit and closed so tomorrow morning possibility of a Gapup.
How to Trade -
1. If opens Gapup and falls but sustain today's low and then a bounce is expected after support creation.(High probability)
2. If opens Gapup/flat -moves upside and unable to hold at upper levels then there will be a selling on rise day.( Less probability)
3. If opens Gapup/flat -moves upside and test next resistance and hold at High level then bounce will be expected.
4. If opens gapdown or falls to next support then also bounce will be expected after support creation (highest probability)
After 2 Pm price created a support and at the time closing bounce little bit and closed so tomorrow morning possibility of a Gapup.
How to Trade -
1. If opens Gapup and falls but sustain today's low and then a bounce is expected after support creation.(High probability)
2. If opens Gapup/flat -moves upside and unable to hold at upper levels then there will be a selling on rise day.( Less probability)
3. If opens Gapup/flat -moves upside and test next resistance and hold at High level then bounce will be expected.
4. If opens gapdown or falls to next support then also bounce will be expected after support creation (highest probability)
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