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