Plan A: Fresh Entry Zone:
-- If it will come to 12055-70 and will sustain above this zone.
-- If it will come to 12020-12035 and will sustain above this zone.
Plan B: NF is trying to come out from the sideways zone 11880-12020.
So Both Side Option writing is may be risky. This is a buy on dips market.
Plan C: Avoid Short Position. The buyer will use every minor and major dip for a long position.
Strong bounce is expected from 11980 and 11915 zones.
I will update nifty levels on telegram or twitter.
-- If it will come to 12055-70 and will sustain above this zone.
-- If it will come to 12020-12035 and will sustain above this zone.
Plan B: NF is trying to come out from the sideways zone 11880-12020.
So Both Side Option writing is may be risky. This is a buy on dips market.
Plan C: Avoid Short Position. The buyer will use every minor and major dip for a long position.
Strong bounce is expected from 11980 and 11915 zones.
I will update nifty levels on telegram or twitter.
Comment:
Perfect bounce from the level I have mentioned in the chart. 12055-12075 zone
