Expiry Day Special Analysis 03/Aug/23 || Nifty Hero & Zero Trade
Updated
Good Morning Traders, i hope you had a good day yesterday, as we have captured huge move in nifty. Well i have brought again analysis on Nifty on Expiry Day. So let's start.
Guy's yesterday we have seen sharp selling in all indian indices, even in whole world exchanges were down more than 1% in intraday. The reason was that US Credit downgraded. Anyway we have captured good move that is important as trader right.
For today's scenario, Global market still looking bearish, i have seen, it's everywhere red showing. But nifty is on support let's see are we gonna to hold yesterday's low or not. Chances are high we can see some upside in first half and then sailing pressure can come in 2nd half, well predicting now is impossible, that what exactly gonna to happen, but we will trade according to levels or price action.
IMPORTANT LEVELS FOR NIFTY TODAY:-
Best buy will be when nifty cross above 19632 and sustains at least for 30 mints.
Targets we can see in upside 19699/19766++
Keep stop loss at 19561
Best sale levels will be, once nifty breaks 19410 and sustains at least for 30 mints.
Target we can see in downside 19335/19277--
Keep stop loss at 19561
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and 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.
Guy's yesterday we have seen sharp selling in all indian indices, even in whole world exchanges were down more than 1% in intraday. The reason was that US Credit downgraded. Anyway we have captured good move that is important as trader right.
For today's scenario, Global market still looking bearish, i have seen, it's everywhere red showing. But nifty is on support let's see are we gonna to hold yesterday's low or not. Chances are high we can see some upside in first half and then sailing pressure can come in 2nd half, well predicting now is impossible, that what exactly gonna to happen, but we will trade according to levels or price action.
IMPORTANT LEVELS FOR NIFTY TODAY:-
Best buy will be when nifty cross above 19632 and sustains at least for 30 mints.
Targets we can see in upside 19699/19766++
Keep stop loss at 19561
Best sale levels will be, once nifty breaks 19410 and sustains at least for 30 mints.
Target we can see in downside 19335/19277--
Keep stop loss at 19561
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and 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
hello guy's market already have given move in morning. Don't know we will get momentum or not.better wait for sometime. I will post trade, once i will be confirmed.
Thankyou.
Note
Okay guy's take hero zero trade for downsidebuy 44300 pe now at 37 now
keep stop loss at 12
Targets will be 63/79/91/125+
Note
and hedge with any out the money call option, in case if any move come against to our analysis,, then you will be protectedNote
made high 62.65. almost first target doneNote
Guy's hero zero trade again does not worked well, we have achieved just 1st target, which is also not exactly achieved. anyways it's okay.But in nifty50 spot, we have achieved first target.
Okay guy's thankyou.
If you like our work, then hit like and follow for more updates on daily basis on NIfty/Banknifty/Finnifty/Stocks etc.
Thankyou.
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
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