Nifty Levels By Price Action Strategy Update For Day Trading
Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open Gap Down But sustain Above Support Zone
Trade Entry –
If Nifty Sustain above Support Zone (16564 -16575) You Can Buy ATM CALL Option ( 16600 CALL)
Nifty Target –
Nfty Upside First Target is 16670 , Second Target is 16707
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16480 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open GapUp Above Resistance Zone
Trade Entry –
If Nifty Sustain above Support Zone (16707 -16724) You Can Buy ATM CALL Option ( 16700 CALL)
Nifty Target –
Nfty Upside First Target is 16790 , Second Target is 16840
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16707 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow Down Side Possible Trade in Nifty50 - If Nifty Open Gap Up Near Resistance
Trade Entry –
If Nifty Sustain Below Resistance Zone (16707 -16724) Buy 16700 PE Option Contract
Trade Target –
Nfty Down side First Target is 16575 and second target is 16495
Trade Stoploss –
If Nifty50 index Any 30 min candle Closes Above (16724) or max . 20/25 Points Stoploss
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