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MBHAT4590
Oct 11, 2021 5:51 PM

NIFTY for 12 Oct 2021 Long

Nifty 50 IndexNSE

Description

Support and Resistance-

R2-18110
R1-18041
---------------------
S1-17854
S2-18787

if follow support trendline and sustain and moving upward
Buy Call Option after 17960 with 10-20 Point SL 1st Target 18041 / 2nd Target 18110 with SL trailing
If market reverse from 18041 or 18110 Buy Put Option

if break-down support trend line and sustain and moving downward Buy Put Option after 17925 with 10-20 Point SL
If bounce-back reverse from 17854 or 18787 Buy Call Option

For Safe Players/ New Traders-
Buy Call only after break-out of 18041 and Buy Put only after break-down of 17854
and do not buy anything if market consolidate between 17854-18041
NSE:NIFTY
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