1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Sir I am holding 18050 PE wat should I do @ the price of 135 .
Trading_hawk
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@mbagla79, I would like to know your reason for taking and holding this position?
Tomorrow if nifty gives breakout of 18075 level range as shown in chart then you can exit with LOSS. And if it fails to sustain above it then you can hold this trade and book profit. I hope you have taken trade with your predecided SL and target. If yes then please let me know.
Trading_hawk
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nifty rejected from it's resistance zone.
And now it is in between it's resistance and support zone. breakout on either side can give good move.
similarRhino62112
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Now it’s not able to maintain that level and coming down. Other side world record - 11.3 lakh people got Covid 19 on Monday in usa. What down trend level we can expect this weekly expiry ?
Trading_hawk
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@similarRhino62112, Sorry bro, I am not giving any prediction. Only trading between levels on intraday basis. And also not keeping positional trades.