Trade-Technique

Nifty has two-sided assumption found, Can you vote?

Trade-Technique Updated   
NSE:NIFTY   Nifty 50 Index
This is my last research for NIFTY and plotted up moved prediction and you know What Happened...!

Deeply researched on last Sunday for NIFTY which has a clear picture of what will be for it?

If I talk to you very frankly, there is two road-map for nifty and, from which it will follow that I don't know.

  • Maximum Put writing was seen around 11,500.
  • Positive global cues.
  • Investments are likely to pick up after the Lok Sabha elections in 2019.
  • Appeared today, fight between buyers and sellers inwhich seller has not much strenghth.
Comment:
Intraday support 11663 nearby where buyers can take position.

Resistance plated on at chart 11705.
Comment:
support for nifty future at 11702-11709 where buyers can think to buy with stop 20p stoploss and targets 11768-11815

R 11768 is resistance for nifty future.

below to 11700, be careful with long
Comment:
BUY PUT OF NIFTY strike 11700 70-76 with stoploss 65 and targets 121-148 (CMP 79) wait for range
Comment:
start booking on NIFTY PUT... CMP 102
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