Nifty: Intraday Trade Setup for Expiry As I have mentioned in my previous day's posts, I am buying Nifty on every breakout of its supply zone. Now I am in that position that If tomorrow Nifty will open 100 points gap dow then also I will be in a profit. The trend is your friend and " Bhav Bhagwan Che". Received many messages who took a short trade and now they...
Levels are on the chart. Expecting stock to continue the uptrend after the recent pullback.
Looks like stock is going to correct a bit more. Look at the last volume bar.
It is showing signs of reversal from the PRZ of 2 Bullish Harmonic Patterns: Gartley & Alt Shark. If it sustains above 132 it could retrace till 145-150
Educational Purpose.
ABOVE 1120 FOR BULLISH AND BELOW 1110 BEARISH.
Educational Purpose.
For Tomorrow Bank Nifty major demand zone @ 30500-30640 and supply zone @ 30970-31050. I bank nifty will sustain above 30700 then it may test its next supply zone @ 30970-31050, in this scenario I may go long in BNF Fut. If it will sustain below 30700 then I may sell out of the money call and put options. Thank x
For tomorrow major demand zone is 11875-11890 and a strong supply zone is 12086-12118. Tomorrow if it will sustain above 11975 then it may test its next supply zone @ 12085-12120, in this scenario I may go long in Future. If it will sustain below 11975 then I may sell out of the money call and put option. Thank x
On the higher time frame Nifty strong demand zone @ 11600-11640 and strong supply zone @ 11900-11940. There are two possibilities that it will be sideways in this zone or it will test 11800 or 11900 and again it will come in a correction mode. Anyways time will show us. Tomorrow if Nifty will sustain above 11740 then I will be on the long side for the target of...
Bank Nifty Major Demand Zone @ 29530-29650 and major supply zome @ 30500-30600. Today it closed the middle of this range. Tomorrow if Bank Nifty will sustain below 30000 then I may sell out of the money calls and If it will sustain above 30120 then I will go long for the target of next supply zone. Thank X