Kinnari_Prajapati

Words for nifty: choppy, range, sideway and break up-down...

Kinnari_Prajapati Updated   
NSE:NIFTY   Nifty 50 Index
In last update, We have book good amount of profit from the option trade:

Comment: BUY PUT OF NIFTY strike 11700 70-76 with stoploss 65 and targets 121-148 ( CMP 79) wait for range
8 hours ago
Comment: start booking on NIFTY PUT... CMP 102

Click here for last update:
-----------------------------------------------------------------------------------------------------------------------------------------------------------

From the daily chart view, is signaling a sideways range movement in the market.
Short term trend of Nifty is choppy and will expect to trade in the range of 11547-11636 intraday. after breaking, up-side will require a new update and downside breaking will lead to attracting target 11476-11489.

Intraday resistance at 11636 nearby where sellers can start taking thier steps for target 11476-11489 if breaking down 11545.

  • The general trend, however, is expected to remain bullish . General elections on April 11.
Comment: Support for Nifty future 11617-11621 fo targets 11672-11700 intraday
R is at 11707-11718
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.