Strategy : parallel Channels and Support /Resistance
Support : 19680 19640
Resistance 19810 19860
Entry levels:
Trade Plans based on scenerios:
Early trade
If Open gap up at 750 range: Can go higher to 19810 range and trace back to 19720
If Open at 19800 range and can trace back to 19750 and then 19680 range.
Later Day Trade
If in the later trade, Nifty falls below 19680, can go for 19560-19580
If in the later trade, Nifty crosses, 19800, can go upto 19850 to 19900
These are my Nifty Premarket analysis and refer my Trade updates in Ideas/minds.
Disclaimer: For Educational purposes. Not recommendations
Support : 19680 19640
Resistance 19810 19860
Entry levels:
Trade Plans based on scenerios:
Early trade
If Open gap up at 750 range: Can go higher to 19810 range and trace back to 19720
If Open at 19800 range and can trace back to 19750 and then 19680 range.
Later Day Trade
If in the later trade, Nifty falls below 19680, can go for 19560-19580
If in the later trade, Nifty crosses, 19800, can go upto 19850 to 19900
These are my Nifty Premarket analysis and refer my Trade updates in Ideas/minds.
Disclaimer: For Educational purposes. Not recommendations
Trade active:
Target of 19810 reached.
Booked part and remaining at 19780 SL
If below 19780, Looking for a retrace to 19740 and 690 .If not, bullish to 840- 890
Booked part and remaining at 19780 SL
If below 19780, Looking for a retrace to 19740 and 690 .If not, bullish to 840- 890