Nifty Futures Key Trading Levels for 13th Oct 2021Nifty Futures Key Trading Levels for 13th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
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Niftyintradaylevels
Nifty 50 chart analysis Nifty formed an green hammer
(Which is telling that there was selling pressure during the day ultimately a strong buying pressure drove the prices . This is what happened today)
And if we see the intraday volatility today is about 0.72% which is good volatility range
Positive sign :- closed above intraday pivot control point of 17500 level which is 1st resistance level for Nifty today
I give an caution for option sellers (u can see in mine profile)
ie. CALL shorts will get covered if breakout of 17500-17530 levels
If go and see the option chain data (Given link below ) u can more shorts get covered in between strikes of 17500 to 17800 .
Let's watch out intraday levels for Nifty for 22 SEP
🎯 Key levels
Buying CALL only above 17620-17650 level which very crucial resistance zone
And Buying PUT option only when traded below the 17330-17300 level which is very crucial support zone
And Nifty will become when it's Traded below the 17450 level which is control pivot point region and don't short market until breakdown down this level [ call writers] otherwise u will run for covering
Nifty Review and Analysis for 10th August 2021Nifty has been trading between 16200 to 16300 from last 4 trading days. On 9th August it came for selling first from 15300 to 16236 then 16265 to 16175. As I said earlier selling is expected below 16300 and below 16236 Nifty can come up to 16145 and on 9th august it came to 16175, 30 points difference.
Earlier I said that the Idea Vodafone news can affect the market but we haven't seen any movement as expected. So what happened? The day Idea Vodafone news came in, the same day or next day there was a news that Govt. of India decided to abolish Retrospective tax. If you want to know more about that just search and read.
For now resistance for Nifty is 16250, 16300 and 16350.
Support for Nifty is 16050, 16145 and 16200.
Look for these levels for 10th August 2021.
At the time of publishing this SGX Nifty is trading at 16290. Support for SGX Nifty is 16200, 16100 and 15950.
US market is Negative and rest global market is mixed.
Do your own analysis before taking any trade and trade with SL. Thank you.
Nifty Levels for 3 July 2021Nifty Levels for 3 July 2021
The above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
As per the Fibonacci levels on the upside the levels to watch out would be 15980-16030
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Nifty Levels for 27 July 2021Nifty Levels for 27 July 2021
The above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
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Nifty Levels for 26 July 2021Nifty Levels for 26 July 2021
The above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
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If you liked the current idea and previous ideas please follow to keep the postings updated.
Nifty Levels for 23 July 2021Nifty Levels for 23 July 2021.
The above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
Please hit the like button if you like the idea.
Share you thoughts via the comments if you have any.
If you liked the current idea and previous ideas please follow to keep the postings updated.