Nifty opened flat and we saw a sharp correction of 90 points from 15855 - 15860 zone. It took support near 15770 and gave a strong up move. It was a volatile session and we again touched the 15900 levels. For tomorrow after sustaining above 15900, we can again go to the 15940-15960 zone which would be crucial levels to look for. Expectations for Tomorrow:...
Nifty opened with a big gap-down and went up to 15825 zones where it faced rejection. We suggested buying 15850 PE near 65 in the morning which went 80+ in no time. We also bought 15800 PE around 12 but due to slow movement exit around cost though it went to 33 around 2:45. Nifty is looking strong and if it sustains above 15840 tomorrow, we may see marked levels,...
understanding trades of nifty future for 23.07.2021 on the basis of support and resistance.
Nifty opened with a big-down near 15750, took support and we saw bounce near to 15840 which was again a resistance zone. We saw rejection and Nifty broke the morning lows and took support near 15700 levels. For tomorrow, this level is important to hold, else we may see Nifty testing 15650 or 15450 which are previous support zones. Expectations for Tomorrow:...
understanding trades of nifty future for 20.07.2021 (Tuesday).
Nifty opened flat, broke Thursday's high but couldn't sustain and we saw the rejection. It was a range-bound day as Nifty also didn't go much down and moving in 80 points range. We bought Nifty 16000 PE and booked at cost because of the range-bound move. SGX Nifty is showing indicating gap-down opening with more than 100 points, expecting a volatile...
Nifty opened with a gap-up and after consolidation, it broke 15900 level which was our buying level and CE option buyers booked great profit. The 15950 zone was another resistance and we bought 16000 PE at 70 which made went to 102 and we booked great profit in that too. Nifty has made its new All Time high and above 15950 we may again see a good up-move...
understanding trades of nifty future for 16.07.2021 (Friday)
Nifty opened with a gap-down today and we saw selling in the morning which bought Nifty near to 15760. After consolidation, we saw buying in Nifty that gave us the opportunity to buy above 15820 and went to 15877. For tomorrow, we would be looking to sell near the 15900 zones, if we see the breakout don't carry PE Or buy CE near the 15800 zones if we see a...
Nifty opened with a gap-up opening as expected, we opened a long position yesterday around 15650 and booked a partial profit of around 15800. We didn't see good movement in Nifty as compared to BN today because Nifty is near its ATH and 15800 - 15900 is a strong resistance zone. If you see 15880 - 15900 levels tomorrow, can try to short with the SL of...
understanding future trades of nifty future for 15.07.2021 on the basis of support and resistance.
Nifty opened with a gap-up opening as expected and faced resistance near 15800 zones, we saw the sharp selling which took Nifty to 15650 zones again. Nifty is trading in the same range 15600 - 15900 and until this range is broken, we won't see the trending move. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above - 15725 Sell Below - 15650 To...
Nifty opened with a gap-down near our sell level 15680 and made a low of 15633 in the first 15 mins. Then we saw a high of 15730 and then Nifty was trading the range for the entire day. Nifty is trading in a range of 15900 - 15650 and it tested the lower range, if Nifty doesn't break the Friday low we can again expect to see it around the 15870 - 15900...
Expectations for Tomorrow: Range-bound day. Intraday Levels: Buy Above - 15900 Sell Below - 15800 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty opened with flat today and again faced rejection near 15900 levels and we saw almost 200 points down move from the top which was a surprising move on an expiry day. For tomorrow, 15650-15600 can act as support so if you are holding a short position be cautious in that zone. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above - 15770 Sell...
Nifty opened with a minor gap-up near our Buy level 15710 and faced resistance, as we analyzed once Nifty broke the falling resistance pink line we got 60-70 points up move. Looks like Nifty again going to test the 15850-15900 zone. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above - 15760 Sell Below - 15700 To motivate me, Please like the...
Nifty opened with a minor gap-up and we again saw price rejection near our buying level and soon we tested lower range. Overall it was a range-bound day as analyzed yesterday. If we see the highlighted pink link, every time Nifty breaks the falling resistance line, we saw a good bounce. Today we closed near the trending line, so we may see a good up-move if we get...
understanding nifty future trades on the basis of support and resistance and price action.