manojshinde27

Daily ConfirmTargets for Nifty50

Short
NSE:NIFTY   Nifty 50 Index
Nifty Without Indicator Day Trading Setup

First Up Side First Possible Trade in Nifty

Tread Entry -
If Nifty open above Resistance Zone (17356 -17340) and sustain above it , You Can buy 17350 ATM CALL OPTION

Trade Target -
Nifty Up side First Target is 17452

Tread Stoploss
If Any 30 min candle of nifty index Close Below 17340 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade


Second Up Side First Possible Trade in Nifty

Tread Entry -
If Nifty Open Gap Down But Sustain above Support Zone ( 17260- 17240 ) then you can buy 17250 ATM CALL OPTION

Trade Target -
Nifty Up Side Target is will be 17315 /17355
If any one Hour Candle of Nifty Closes above 17356 then new Up Side Trade will start and For New Trade Target will be 17450 and Stoploss will be 17340 .

Tread Stoploss -
If Any 30 min candle of nifty index Close Below 17240 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade


Down Side Possible Trade in Nifty Tomorrow

Tread Entry -
If Nifty Open Below Resistance Zone (17356 -17340) and sustain below Resistance Zone Then You Can Buy 17350 ATM PUT OPTION

Trade Target -
Nifty First Down Side Target will be 17240

If any one Hour Candle of Nifty Closes Below 17240 then new Down Side Trade will start and For New Trade Target will be 17172 / 17122 and Stoploss will be 17260

Nifty Tread Stoploss
If Any 30 min candle of nifty index Close Above Resistance 17356 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade

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