1. NIFTY is bullish compared to Banknifty
2. SGX Nifty trading 100 Points above , so Gap up is expected by 80 points , Will see some selling at 17200 levels
3. Will bounce again to 17200 levels , Lot of Lon unwinding done at 17100 , 17200 and 17300 levels another major resistance at 17500
4. Trade as per the levels indicated n lower TF 3mnts and observe the chart in 5 mnts time frame .
5. trade based on confirmation candles
6. Buy At the money calls if trading this month with strict Stop Loss .
7. Like if You agree
2. SGX Nifty trading 100 Points above , so Gap up is expected by 80 points , Will see some selling at 17200 levels
3. Will bounce again to 17200 levels , Lot of Lon unwinding done at 17100 , 17200 and 17300 levels another major resistance at 17500
4. Trade as per the levels indicated n lower TF 3mnts and observe the chart in 5 mnts time frame .
5. trade based on confirmation candles
6. Buy At the money calls if trading this month with strict Stop Loss .
7. Like if You agree
Note
1. Lets watch it tomorrow , SO far the targets are met and NIFTY finding the way to Target 42. Lot of PE writings on 17200 , next resistance at 17500
3. Observe the Levels and Trade with strict Stop loss .
Note
1. Its Perfectly Followed the Targets as indicted , If FII and not coming on Monday DII will take the NIFTY to 17500 Level , 17460 is a good resistance . Before moving up it will consolidate at levels.2. SGX Nifty trading more than 100 Points above . indicates a strong Gap Up and se; expected around 17500 .
3. Trade as per stric Stop loss and Level indcated .
4. BUy in Lower TF like 3 Mn confirmation candle in 5 Mnt TF
Like if you agree
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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.