praveen.gupta

Nifty looking upside for week 28.03.2022

praveen.gupta Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY
CMP 17,153
Qty: 1 Lot
Nifty is getting support from the dmand zone , so do not plan short trade
only long, buy should be planned. there are two good buying opportinuity.

1. Buy a call 17,150 when Nifty at around it , wait till 17,315. you can square off.
some resistance at this point ,may come down a few points. (Scenario 1)

2. Buy a Call Strike 17,300/- when nifty is ables to cross 17,315 to 17,350 zone,
the zone is broken, and then you can expect to sell at 17,560/-. The rest of the points do nothing from my side. (Scenario 1)

Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not a trading or investment advice
Trade closed: target reached:
Nifty Reacted as per the analysis
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