This is Gap Down Scenario-1 for NIFTY . Level and Target are mentioned on Chart.
Take Long (CE) First Entry in range of 15630-15635 Zone. Target and SL mentioned in the Chart.
Tale long (CE) For the 2nd Entry, the range will be 15700-15710. Target and SL mentioned in the Chart.
Don't hold current week expiry. And don't chase for big upside movement. Book your profit immediately. For the safe side better to trade in next week expiry.
I have recently started following you and I am liking your posts, in these Nifty ideas you have assumed a gap down opening of 100 points in all 3 scenarios. What if it does not open in this range. Which is more likely.
Trading_hawk
⋅
@Poison_1907 hi then in the scenario when it doesn't open in our range then our resistance and support levels we have to follow.