Nifty Daily Levels Update For Option Day Trading

Jul 21, 2022

Tomorrow Call Side Posiible Trade in Nifty

First Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16606 -16588) You can Buy 16600 ATM CALL OPTION
Trade Target
Up side First Target is 16650 and If Any 1 Hour CandleCloses above first Target then Second target is 16700
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16588 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints


Second Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16497 -16480) You can Buy 16600 ATM CALL OPTION
Trade Target
Up side First Target is 16585 and If Any 1 Hour CandleCloses above first Target then Second target is 16606 /16650
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16480 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints


Tomorrow Put Side Posiible Trade in Nifty

Tread Entry
If Nifty Sustain Below Resistance Zone (16606-16588 ) You can Buy 16350 ATM PUT OPTION
Trade Target
Down side First nifty Target is 16497 If Any 1 Hour CandleCloses above first Target then Second target is 16370
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Above Resistance 16606 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints