Nifty Daily Levels Update For Option Day Trading
First Possible Trade in Nifty , If Nifty Open Gap Down Near Suport Zone
Tread Entry
If Nifty Sustain Above Support Zone (16230 -16248) You can Buy 16250 ATM CALL OPTION
Trade Target
First Target For Nifty - 16300 and Second Target For Nifty is 16368
Tread Stoploss
If Nifty Index 30 min. Candle Closes Below Support Zone (16248 -16230 ) , Exit From Up Side Trade Or maximun 20/25 points Stoploss
Tomorrow Put Side Posiible Trade in Nifty - If Nifty Open Near Resistance Zone
Tread Entry
If Nifty Sustain Below Resistance Zone (16368 -16354 ) You Can Buy 16350 ATM PUT OPTION
Trade Target
First Target For Nifty - 16250 and Second Target For Nifty is 16150
Tread Stoploss
If Nifty Index 30 min. Candle Closes Above Resistance Zone (16368 -16354 ) , Exit From Down Side Trade Or maximun 20/25 points Stoploss