NIfty Levels

Nifty Levels

For Monday important levels to act and trade are
19815,19750,19700 look for price action at these levels. 19700 below sustains it can test 19630 to 19550 -19520 area.
Upside only if it sustains above 19815 can think of further upmove .

Comment:

Only one proper trade today 19750 below target till 19700 though i have not traded just stayed away from sideways market

Comment:

Tuesday Levels
19700 Above Long Stoploss19670
Targets 19750,19775,19800
19650 Below Short Stop loss 19680
Targets 19600,19575,19550

Comment:

Comment:

19650 breakdown short trigered

Comment:

Alomost reached target one but took support on 19600 area carefull on shorts with stirct stop loss if in shorts , Look for retest of 19675 area if it takes resistance we can short again to day low target

Comment:

False breakdown what a recovery from lows

Comment:

Back into zone again

Comment:

Wednesday evels
19700 Above Long Stoploss19670
Targets 19730,19755,19800
19650 Below Short Stop loss 19680
Targets 19600,19575,19550

Comment:

Trade closed: target reached:

Targets 19730,19755,19800 All acheived

Comment:

For Thursday Nifty Levels very tricky place
19820 above go long target 19850,19900,19920
19750 Below short taget 19700,19675,19650

Comment:

19750 Below all targets acheived

Comment:

For friday levels marked on chart

Comment:

For Friday Nifty Levels
19700 above go long target 19750,19775,19800
19600 Below short target till 19500 area if sustains below 19500 trail more

Trade active:

Trade closed: target reached:

Forming a kind double bottom in 5 min time frame exiting the trade with 80 points

Comment:

Closing this idea here will come up with new for Next week
Thank you who ever liked the Idea