Nifty 7 May 2021 Trade Setup
Nifty closed above the Bearish candle's high ( and that Bullish harami pattern ) confirming bullish reversal.
Target 1 which was set yesterday achieved.
If Nifty stays above the current level, target 2 : 14800 can be achieved easily
Call writers moved to 15000 safe level too.
Contrarion View : If Nifty reverses from this level, then major support is seen at 14500.
Happy Trading !!!
Note: 14500 monthly straddle status : 1.3% CE writers did unwind this level.
26.8 lakh CE Writers seen on 15000 level which is very bullish.
Target 1 which was set yesterday achieved.
If Nifty stays above the current level, target 2 : 14800 can be achieved easily
Call writers moved to 15000 safe level too.
Contrarion View : If Nifty reverses from this level, then major support is seen at 14500.
Happy Trading !!!
Note: 14500 monthly straddle status : 1.3% CE writers did unwind this level.
26.8 lakh CE Writers seen on 15000 level which is very bullish.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.