Good Morning Traders,
Nifty is trading at crucial support zone 19720-19620, if this levels get sustained then minor bounce back is possible. Well if nifty start trading above and sustained 19800 levels, then short covering is possible, as highest call writing seen at 19800 levels. Well guy's trade with carefully as market is highly volatile these days. Some momentum indicator has a positive crossover which indicates that a pull back can till 19850+ levels.
Important levels for Nifty:-
Strong support zone 19500-19550
Minor support zone 19620
Strong Resistance zone 19850-19880
Minor Resistance zone 19800
Buy above 19726, if levels sustains at least for 15 mints.
Targets we can see in upside 19799/19854
Keep stop loss at 19666
Sale below 19666, if levels sustains at least for 15 mints.
Targets we can see in downside 19570/19505
Keep stop loss at 19726
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Nifty is trading at crucial support zone 19720-19620, if this levels get sustained then minor bounce back is possible. Well if nifty start trading above and sustained 19800 levels, then short covering is possible, as highest call writing seen at 19800 levels. Well guy's trade with carefully as market is highly volatile these days. Some momentum indicator has a positive crossover which indicates that a pull back can till 19850+ levels.
Important levels for Nifty:-
Strong support zone 19500-19550
Minor support zone 19620
Strong Resistance zone 19850-19880
Minor Resistance zone 19800
Buy above 19726, if levels sustains at least for 15 mints.
Targets we can see in upside 19799/19854
Keep stop loss at 19666
Sale below 19666, if levels sustains at least for 15 mints.
Targets we can see in downside 19570/19505
Keep stop loss at 19726
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Note
Guy's nifty can fly towards 19770+ from here,just keeping that target in mind i have a trade in nifty
Buy sep Nifty 19650 ce now at 109
keep stop loss at 55
Targets can be 144/163/178++
Go with less qty
Disclaimer:- This trade i have already given to my premium members.
Note
Guy's our trade have made high 150 and made low 66,NIFTY GOT 1ST TARGET HIT.
Enjoy profits.
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.