NIFTY Levels to watch out Above 18300-18350 Below 18030, If the 18030 Level is B.K the Target is 17800.
Idea behind the level our market holding strength after 3 Days of holiday Global market open tomorrow. it will play a major role.
If its a Flat opening i will wait for the market to sustain above 18300 then will get a target to near 18500. But if there is any rejection from the level i would suggest to go short Because if you draw Trend line in 15min H.L Nifty nearing to the trend line 3rd time if it Rejected you will get a good target down side 1TR 18040 2ND TR 17750 levels. Any consolidation near the Trend line will avoid to Hold the position.
IF its a Gap up opening near the resistance 18300 to 18350 range wait for a first 3min candle if it is red, second candle open below the L will short the market immediately and will keep the SL above the 3min candle. if its again B.K DAY low will add more Play Sell On rise. SL hit wait for the above levels to sustain to go long. if it sustain 18300-18400 level 18540-18600 open T.R.
If its is a gap down opening i will wait for 18140 level to retest or to B.K down 18040.Even If it B.K 18040 will play with less Qty down side T.R is expecting 17860-17700.
Aggressive short only After B.K 18850 if Global is in RED the thig is quick reversal might spoil the party.
Idea behind the level our market holding strength after 3 Days of holiday Global market open tomorrow. it will play a major role.
If its a Flat opening i will wait for the market to sustain above 18300 then will get a target to near 18500. But if there is any rejection from the level i would suggest to go short Because if you draw Trend line in 15min H.L Nifty nearing to the trend line 3rd time if it Rejected you will get a good target down side 1TR 18040 2ND TR 17750 levels. Any consolidation near the Trend line will avoid to Hold the position.
IF its a Gap up opening near the resistance 18300 to 18350 range wait for a first 3min candle if it is red, second candle open below the L will short the market immediately and will keep the SL above the 3min candle. if its again B.K DAY low will add more Play Sell On rise. SL hit wait for the above levels to sustain to go long. if it sustain 18300-18400 level 18540-18600 open T.R.
If its is a gap down opening i will wait for 18140 level to retest or to B.K down 18040.Even If it B.K 18040 will play with less Qty down side T.R is expecting 17860-17700.
Aggressive short only After B.K 18850 if Global is in RED the thig is quick reversal might spoil the party.