Nifty Daily Levels Update For Option Day Trading

Up Side First Possible Trade Nifty
Tread Entry -
If Nfty Open Near support & Sustain Above Support Zone -(17219 -17240) then you can Buy 17250 ATM CALL OPTION
Tread Target -
Nifty up side First Target is 17300 and Secod Target 17356
Stoploss -
If Nifty50 index Any 30 min candle Close Below Support 17219 then Exit from Trade or max . 20/25 Points Stoploss

Down Side Possible Trade –Trading Idea If Nifty Open Gap up Tomorrow

Tread Entry -
If nifty open gap up but below Resistance Zone (17356 -17340) then you can Buy 17350 ATM PUT OPTION
Tread Target -
Nifty Down Side First Taret is - 17240
Nifty Down Side Second Target is - 17122 ( in any One Hour Candle Closes below 17219 then Next Target 17122 is Possible )
Stoploss -
If Nifty50 index Any 30 min candle Close Above Resistance 17356 then Exit from Trade or max . 20/25 Points Stoploss .

Beyond Technical AnalysisChart Patternsnifty50niftyputbuyniftyshortniftytrendnifydowntrendTrend Analysis

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