Nifty Without Indicator Day Trading Setup
First Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty open above Resistance Zone (17356 -17340) and sustain above it , You Can buy 17350 ATM CALL OPTION
Trade Target -
Nifty Up side First Target is 17452
Tread Stoploss
If Any 30 min candle of nifty index Close Below 17340 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Second Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty Open Gap Down But Sustain above Support Zone ( 17260- 17240 ) then you can buy 17250 ATM CALL OPTION
Trade Target -
Nifty Up Side Target is will be 17315 /17355
If any one Hour Candle of Nifty Closes above 17356 then new Up Side Trade will start and For New Trade Target will be 17450 and Stoploss will be 17340 .
Tread Stoploss -
If Any 30 min candle of nifty index Close Below 17240 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Down Side Possible Trade in Nifty Tomorrow
Tread Entry -
If Nifty Open Below Resistance Zone (17356 -17340) and sustain below Resistance Zone Then You Can Buy 17350 ATM PUT OPTION
Trade Target -
Nifty First Down Side Target will be 17240
If any one Hour Candle of Nifty Closes Below 17240 then new Down Side Trade will start and For New Trade Target will be 17172 / 17122 and Stoploss will be 17260
Nifty Tread Stoploss
If Any 30 min candle of nifty index Close Above Resistance 17356 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
First Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty open above Resistance Zone (17356 -17340) and sustain above it , You Can buy 17350 ATM CALL OPTION
Trade Target -
Nifty Up side First Target is 17452
Tread Stoploss
If Any 30 min candle of nifty index Close Below 17340 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Second Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty Open Gap Down But Sustain above Support Zone ( 17260- 17240 ) then you can buy 17250 ATM CALL OPTION
Trade Target -
Nifty Up Side Target is will be 17315 /17355
If any one Hour Candle of Nifty Closes above 17356 then new Up Side Trade will start and For New Trade Target will be 17450 and Stoploss will be 17340 .
Tread Stoploss -
If Any 30 min candle of nifty index Close Below 17240 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Down Side Possible Trade in Nifty Tomorrow
Tread Entry -
If Nifty Open Below Resistance Zone (17356 -17340) and sustain below Resistance Zone Then You Can Buy 17350 ATM PUT OPTION
Trade Target -
Nifty First Down Side Target will be 17240
If any one Hour Candle of Nifty Closes Below 17240 then new Down Side Trade will start and For New Trade Target will be 17172 / 17122 and Stoploss will be 17260
Nifty Tread Stoploss
If Any 30 min candle of nifty index Close Above Resistance 17356 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade