Rahulnirwan
Short

Nifty Analysis for expiry day 14/08/2020

NSE:NIFTY   Nifty 50 Index
We have heavy call addition at 11350 and small put addition at 11300 which sum up to heavy call at 11350 which will act as resistance for tomorrow and 11300 will be make or break level.

Important level for tomorrow will be
11355
11300
11237
11100

Personally my view will be little bearish for tomorrow and will :
Intraday : sell nifty future near 11350 level with small SL 11365
Positional : sell nifty future if its breaches 11237 with SL 11300

take target as per you R:R ratio. for me R:R is 1:2

Comments

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