Nifty is trading sideways for last two sessions.
On Monday
If Nifty crosses 17940 then you can see
1)17960
2)18000
3)18040
Targets for upside is less
But If Nifty fall and Trade below 17840 for 30 Minutes then downside Targets are
1)17780
2)17700
3)17640
This is based on Technical analysis
But as per option chain Good Put writing done on 17700 17800 17900 so it can not fall below these levels easily.
Higher Probability of crossing 18000 this week.
On Monday
If Nifty crosses 17940 then you can see
1)17960
2)18000
3)18040
Targets for upside is less
But If Nifty fall and Trade below 17840 for 30 Minutes then downside Targets are
1)17780
2)17700
3)17640
This is based on Technical analysis
But as per option chain Good Put writing done on 17700 17800 17900 so it can not fall below these levels easily.
Higher Probability of crossing 18000 this week.
Note
short nifty only below 17975 for target of 17900Note
only if level comeNote
Big move upside coming in Nifty SoonTrade closed: target reached
when Stop loss of 18000 Call writers will hit near 18040-18060 then you will get upside rally of 100 points nonstop with out single red candle.Note
Small Trade Nifty Buy above 18000 for Target of 18015, 18041
Note
Nifty Sell below 17975 for target 17935Note
we got short side tradeNote
target for short side also done
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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.
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.