Nifty 50 Index
Long

Support at 17800 levels

I just found William fractals as a handy tool to spot resistance and support levels. These triangles that you see indicate highs and lows in the chart. I could see 17800 as a critical support level with 50 ema support and previous candle rejection.

Trade Idea
Bullish call spread with RR ratio of 2:1 if there's a gap up with strong bullish candles.

Disclaimer: I am not a SEBI registered advisor. Please place your trades at your own discretion.

Disclaimer