Nifty May gap Up on 4th August

Post market analysis of Nifty 50.

Gap Up open and rally towards 16000 with ease and record all time high.

Three possible market movement on 4th Aug 2021.

Gapup - Break 16150 then may rally towards 16500.

Flat Open - market may move side way or sell off.

Gap Down - opening near 16000 then fresh buy opportunity may arise.