Nifty Levels By Nifty Price Action Strategy For Trading 26 July

Nifty Levels By Nifty Price Action Strategy For Trading 26 July

Call Side Posiible Trade in Nifty on Tuesday

Up Side First Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16588 -16610) You can Buy 16600 ATM CALL OPTION
Trade Target
Up side First Target is 16767 and If Any 1 Hour CandleCloses above 16770 then Second target is 16720 Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16588 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints

Up Side Second Possible Trade ( If Nifty Open Gap Down Tomorrow )
Tread Entry
If Nifty sustain Above Support Zone (16480 -16500) You can Buy 16500 ATM CALL OPTION
Trade Target
Up side First Target is 16588 and If Any 1 Hour CandleCloses above 16588 then Second target is 16670 Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16480 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints


PUT Side Posiible Trade in Nifty on Tuesday

First Possible Trade - If nifty Open Gap Up Tomorrow
Tread Entry
If Nifty Sustain Below Resistance Zone (16720 -16705) You can Buy 16700 ATM PUT OPTION
Trade Target
Down side First nifty Target is 16610 iF any one Hour Candle Closes Below 16588 then Second target is 16480 is Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Above Resistance 16720 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints