praveen.gupta

Nifty for Nov 22

praveen.gupta Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY
Nifty 22.11.2022
CMP 18,159
18,300 to 18,325 is supply zone on 1 hr candle. if index reach near to it buy ATM put SL 30 points.18140 to 18180 is the range of either accumulation or distribution. so avoid this range.
Buy ATM call as index reach at 18190 for target of 18298.
in index goes down below 18,130 consider to but ATM put. no immediate support on lower side.

Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.
Trade closed: target reached:
all zones worked very well
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