Shruti_Advisory

** NIFTY & BANKNIFTY TRADE SETUP FOR 17 JUNE EXPIRY **

NSE:NIFTY   Nifty 50 Index
When you eat a lot of sweets,doctor says 'Stop now else you will have diabetes'
When you drive too fast in the city, Traffic police says 'Stop now else you will die and pay challan'
Likewise,for a reason you need to trade with stop loss in stock market else one day you will lose all your money.

- ABHISHEK KAR

MARKET ANALYSIS AND PREDICTION FOR 17.06.21 (THURSDAY ) EXPIRY
*******************************************************
* NIFTY 50 *
---------------------
SUPPORT RESISTANCE
--------------------------- -----------------------------------

1ST SUPPORT AREA : 15721.30-15733.55 | 1ST RESISTANCE AREA : 15762.95-15780.90

2ND SUPPORT AREA : 15653.35-15666.45 | 2ND RESISTANCE AREA : 15825.25-15841.60

3RD SUPPORT AREA : 15597.85-15611.55 | 3RD RESISTANCE AREA : 15887.05-15902.00

PIVOT AREA : 15797.00

* NIFTY BANK *
------------------------
SUPPORT RESISTANCE
----------------------------- ----------------------------------

1ST SUPPORT AREA : 34759.15-34825.30 | 1ST RESISTANCE AREA : 35081.10-35137.40

2ND SUPPORT AREA : 34473.90-34555.85 | 2ND RESISTANCE AREA : 35274.50-35352.85


PIVOT AREA : 35009.0
-----------------------------------------------------------------------------------------------------------------------------------------------------

EXPECTATION : NIFTY MIGHT BE RANGE BOUND AND FLAT .EXPECTING A BEARISH MARKET FOR TOMORROW.
NO FALL NO BIG MOVE I AM EXPECTING .BANKNIFTY IS WILL ALSO BE FLAT AND RANGE BOUND.
EXPECTING A CALM MARKET AND OPTION DECAY MARKET .

-----------------------------------------------------------------------------------------------------------------------------------------
** LOOK THERE ARE OTHERS THINGS THAT WE LOOK UPON WHILE TAKING A TRADE . TO LEARN PLEASE REGISTER WITH US.
WE SHARE OUR PICTURE PERFECT SETUP WITH OUR REGISTERED CLIENT CUM INVESTORS IN MORNING SHARP AROUND 8 AM.
WHETHER THERE WILL BE A GAP UP OR GAP DOWN WE SHARE THERE.
EVEN THERE ARE STOCK SPECIFIC F&O TRADES TOO. **
---------------------------------------------------------------------------------------------------------------------------------------------------------------

If want to know my Trading Approach for tomorrow. Please stay connected with me.

Jai Hind.

Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.