Nifty: Chart levels and trading strategy for the 08 April expiry
Nifty
CMP 14774
- We have got the rise we were looking for
- on charts we see 2 important resistance levels at 14818 and 14885 levels
given the levels we have suggested a trading strategy in chart
The trading strategy covers risk for a rise in Nifty price up to 14954-14964 giving us ample scope to adjust / exit in case Nifty movement is not in favor.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 14774
- We have got the rise we were looking for
- on charts we see 2 important resistance levels at 14818 and 14885 levels
given the levels we have suggested a trading strategy in chart
The trading strategy covers risk for a rise in Nifty price up to 14954-14964 giving us ample scope to adjust / exit in case Nifty movement is not in favor.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade active:
As suggested yesterday
Nifty has taken resistance at the 1st red line...
Strategy update
Nifty 14900 (suggested selling in the range of 54-64)
currently trading at 31
Take care & safe trading...!!!
Nifty has taken resistance at the 1st red line...
Strategy update
Nifty 14900 (suggested selling in the range of 54-64)
currently trading at 31
Take care & safe trading...!!!
Trade active:
Today was RBI Policy Meet and despite the event we saw Nifty respecting Technical Levels to perfection.
Is this coincidence...
See it for yourself
We highlighted the 2 resistance levels above at 14818 and 14882 / 14885
Notice today's high is 14879.80 and closing is at 14819.05
Also, our trading strategy to sell Nifty 08 April expiry 4900 Call Option in the range of 54-64
Nifty 14900 Call option made a high of 65 (duly updated at market hours)
We had identified our levels and made a trading plan. When those levels come, it is just execution of plans.
No confusion... gr8 combination :-)
Enjoy and happy trading...!!!
Like and Follow
Is this coincidence...
See it for yourself
We highlighted the 2 resistance levels above at 14818 and 14882 / 14885
Notice today's high is 14879.80 and closing is at 14819.05
Also, our trading strategy to sell Nifty 08 April expiry 4900 Call Option in the range of 54-64
Nifty 14900 Call option made a high of 65 (duly updated at market hours)
We had identified our levels and made a trading plan. When those levels come, it is just execution of plans.
No confusion... gr8 combination :-)
Enjoy and happy trading...!!!
Like and Follow
Trade closed: target reached:
Nifty 14900 Call Option (suggested selling in the range of 54-64)
CMP 4.50
Our strategy ensured we were in control of the situation and kept us in the game
and has now gives us the desired results
Happy trading...!!!
Nifty 14900 Call Option (suggested selling in the range of 54-64)
CMP 4.50
Our strategy ensured we were in control of the situation and kept us in the game
and has now gives us the desired results
Happy trading...!!!
Those who missed out yesterday may consider to enter