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pratik2358
Feb 17, 2024 12:33 PM

Nifty trade setup Monday  

Nifty 50 IndexNSE

Description

Technically, Nifty witnessed a strong up move in last 3 sessions
from 21527 lows, its now at 22040

going ahead, support the 21850–21900 area and until it holds these levels, can show the 22200–22250 zone on upside

major downside fr long term is now likely only if it trades below 21550–21600!!

a strategy related to options like credit spreads or a simple bull spread can be deployed
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