NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE

Nifty 50 IndexNSE

Description

⋅ Oct 9, 2020 1:58 PM

NIFTY50 UPCOMING SUPPORT AND RESISTANCES
LEVELS MARKED ON THE CHART on 1Hr timeframe

Comments

Trader_by_choice

⋅ Oct 10, 2020 8:17 AM

Thanks, i had these in mind as well. Seems it would be a gap up opening again around 11970-980, then maybe a run-up to 12000-12150 area in the next 2 sessions and pullback. Unfortunately, i got stuck with a short position @ 11840 but i will probably scalp from these levels intraday. Hoping these hold

jasvirsohi

⋅ Oct 9, 2020 2:10 PM

Any suggestion @OptionsDesk

TheOptionsDesk

⋅ Oct 9, 2020 2:27 PM

@jasvirsohi, Sir unless Nifty50 does not breaks 11760, we are still bullish and to be against all odds nifty50 can go to 12k+, BEARS STRENGTH BELOW 11760 only

jasvirsohi

⋅ Oct 9, 2020 2:31 PM

@OptionsDesk, thanks for you reply sir

jasvirsohi

⋅ Oct 9, 2020 2:09 PM

I have bought 11500 PE for Oct expiry ! Sell or hold?

Subrata190180

⋅ Oct 9, 2020 2:29 PM

Hold, one sharp correction possible between oct expiry

jasvirsohi

⋅ Oct 9, 2020 2:31 PM

@Subrata190180, i think hold till 24 oct

TheOptionsDesk

⋅ Oct 9, 2020 2:34 PM

@Subrata190180, Because if you observe clearly there is a huge gap on hourly chart recently and everyday DII have been selling and booking profits