Nifty daily analysis for 20/06/23.Market on the daily time frame has given a red candle and started trading below the 20 ema on the hourly charts.
There was a nice fall after the gap up opening and consolidated in the second half. Nifty closed above 18750 level after testing the levels of 18700.
On 15 minutes chart, market is trading between both the moving averages.
Market has closed below the support zone of 18770 levels.
The markets are creating confusion near the higher levels.
Support :- 18680, 18570
Resistance :- 18770, 18890
Market will be trending only when the trend is decided. The market in the second half has given losses to the option buyers due to time decay.
Wait for the price action near the price levels before entering the market.
Niftyoptionstrategy
Nifty50 Key Trading levels 14th June 2023_OptionsTrading LevelsNifty50 Key Trading levels 14th June 2023_OptionsTrading Levels
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
INDIGO - good for a short term delivery #INDIGO... ✅
INTRADAY/ Short term delivery call as well
All levels given in charts ...
IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
NIFTY FUTURES 08 AUGUST 2022Today 05 August 2022, Nifty started from my zone 17417-17367 went up to supply zone 17505-17477
It got rejected from there and came back to the opening zone 17417-17367
Simplly the Power of Zones, hope you loved it.
No Major changes for 08 August 2022, Monday, Just the shift of 2 zones.
Keep ur money and risk management in control and trade the zones for flawless results.
BEST OF LUCK.
NIFTY FUTURES 04 AUGUST 2022Did you observe how Nifty reacted to my zones, opened from zone of 17420-17401 took support from 17263-17241 exactly and went back and ended at the same opening zone of 17420-17401.
After many days today there is no change in zones and levels.
Trade only on levels and zones with proper SL & TP.
NIFTY FUTURES 26 JULY 2022NIFTY TODAY 25-07-22
Did you see the magic of level 16619, it touched the level 9 times, out of which 7 times it couldn't break it. Finally it ended exactly on that level.
Did not touch even a single zone, hence no price action around it.
NIFTY TOMORROW 26-07-22
I still expect correction in this week. Kindly trade around the levels and zones only.
NIFTY FUTURES 25 JULY 2022Started just above the zone 16609-16621 bounced below to the zone and moved up to next zone 16742-16767 crossing the resistance level 16718, with a small pause.
It could not cross the zone of 16742-16767 and reversed to the resistance level 16718 and ended around it.
THIS IS THE POWER OF ZONES. KEEP TAKING THE FULL ADVANTAGE OF PRO LEVELS AND ZONES.
On 25-07-22, Monday, it could gap up and open to jump the strong supply zone above. But i feel a 2-3% correction is due next week.
Keep respecting the levels and zones.
NIFTY FUTURES 21 JULY 2022Nifty today started from my zone 16510-16494 and ended at the same zone.
Power of Zones and Levels
Tomottow i am expecting a corrective move, but global markets are positive by now, lets see how it plays out.
Even if its a profit booking corrective move tomorrow, uptrend has not yet completed, kindly note it..
NIFTY FUTURES 15 JULY 2022NIFTY TODAY 14-07-22
NIFTY blindly followed my Zones, started from Zone 15962-15992, took U turn near 16085-16107, dropped down to 15876-15918, got strong support and ended near upper range of the zone.
Also not that it has bounced from the lower end of the uptrending channel which was just below the zone 15876-15918.
NIFTY TOMORROW 15-07-22
Expecting a up move to zone 15970, followed by a down move for tommorow.
You are continuously witnessing the power of my zones and levels.
I dont belive in prediction but reaction to the zones and leves.
NIFTY FUTURES 08 JULY 2022NIFTY TODAY 07-07-22
Gapped up and opened in my zone 16062-16093, consolidated around it for the whole day and finally ended near the trend line and next upcoming zone.
Power of Zones
NIFTY TOMORROW 08-07-22
Just observe how price is behaving to my levels and zones, hence only trade around it with price action confirmation.
Nifty Daily Levels Update For Option Day TradingNifty Possible Trade for Tomorrow (Nifty me Kal Konsa Trade Le sakte hai )
When to Buy Call Option in Nifty
First Possible Trade in Call Side
Trade Entry – If Nifty Break reaistance and Sustain Above (15822 – 15805 ) Reasistance Zone . You Can Buy ATM call Option
Trade Target – If You Buy Above (15822) Then upside First Target for Nifty is 15925 and Second Target is 16080
Trade Stoploss – If You Buy Above (15822) and Nifty Closes Below 15805 ( Any 30 min candle Should Close Below Support ) then Exit from Trade or max . 20/25 Points Stoploss .
Second Possible Trade in Call Side
Trade Entry – If Nifty Sustain Above (15700 – 15680 ) Support Zone You Can Buy ATM call Option to get Maximum Benifits of Option if Trade will go in up Direction .
Trade Target – If You Buy Above (15700) Then upside First Target for Nifty is 15822 and Second Target
Trade Stoploss – Nifty Closes Below 15680 ( Any 30 min candle Should Close Below Support ) then Exit from Trade or max . 20/25 Points Stoploss .
When to Buy Put Option in Nifty
Trade Entry – If Nifty Sustain below 15822 – 15805 Resistance Zone
Trade Target – For Down side Tomorrow First Target for Nifty is 15680 and second target is 15580
Trade Stoploss – If any 30 min candle Closes Above (15822) or max . 20/25 Points Stoploss