INTRADAY NIFTY 28.12.2021
Updated
1. NIFTY is bullish compared to Banknifty
2. SGX Nifty trading 100 Points above , so Gap up is expected by 80 points , Will see some selling at 17200 levels
3. Will bounce again to 17200 levels , Lot of Lon unwinding done at 17100 , 17200 and 17300 levels another major resistance at 17500
4. Trade as per the levels indicated n lower TF 3mnts and observe the chart in 5 mnts time frame .
5. trade based on confirmation candles
6. Buy At the money calls if trading this month with strict Stop Loss .
7. Like if You agree
2. SGX Nifty trading 100 Points above , so Gap up is expected by 80 points , Will see some selling at 17200 levels
3. Will bounce again to 17200 levels , Lot of Lon unwinding done at 17100 , 17200 and 17300 levels another major resistance at 17500
4. Trade as per the levels indicated n lower TF 3mnts and observe the chart in 5 mnts time frame .
5. trade based on confirmation candles
6. Buy At the money calls if trading this month with strict Stop Loss .
7. Like if You agree
Comment
1. Lets watch it tomorrow , SO far the targets are met and NIFTY finding the way to Target 42. Lot of PE writings on 17200 , next resistance at 17500
3. Observe the Levels and Trade with strict Stop loss .
Comment
1. Its Perfectly Followed the Targets as indicted , If FII and not coming on Monday DII will take the NIFTY to 17500 Level , 17460 is a good resistance . Before moving up it will consolidate at levels.2. SGX Nifty trading more than 100 Points above . indicates a strong Gap Up and se; expected around 17500 .
3. Trade as per stric Stop loss and Level indcated .
4. BUy in Lower TF like 3 Mn confirmation candle in 5 Mnt TF
Like if you agree
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