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SANJAYPATIDAR_
May 22, 2022 5:28 PM

NIFTY INTRADAY SUPPORT & RESISTANCE LEVELS FOR [23-05-2022] 

Nifty 50 IndexNSE

Description

NSE:NIFTY

Nifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.


happy trading & keep learning.
Comments
jeetbtech83
Good analysis. Tmrw nifty will open flat ir gap up?
SANJAYPATIDAR_
@jeetbtech83, thanks buddy, sorry but I cannot predict gap up or down in market.
jeetbtech83
Yes that’s exactly right point, but this time i am totally confused about market. Too much volatility and i am option seller. And friday i sold 16200 call at last moment, but did not hedge. This time the range for selling is too much within 4days. 15700 to 16400. And anything can happen. There have some good news but US market still in trouble
SANJAYPATIDAR_
@jeetbtech83, if market do not hold at current level tomorrow then we can expect a trend continuation
You should hedge in high volatility like now
India VIX Is above 23 market is trapping traders on both sides
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