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Nifty Intraday analysis || Sell #Nifty50
One may want to sell nifty on rise for 3rd may with SL of 11791 and targets of 11700/11678. All levels are cash levels. One might want to sell 11700/11800 CE for 9th MAY expiry depending upon risk profile and eat the option premium OR one might want to buy 11750 PE/11700 PE and trade accordingly. One should adhere to the stop loss and trade volumes as per entry price.
Nifty seems to have reached the level and could give a good short trade. There are multiple resistence in different Time Frames at 10840 level so it could be a good idea to sell Nifty at this level by providing the SL of 10920. One can look for a target of 10600 which offers a potential of good 240 points and a reasonable risk to reward ratio. Disclaimer : All...
INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 24, 2018) NIFTY IS ON A VERY CRUCIAL SUPPORT OF 10146, IF BROKEN NEXT SUPPORT WILL BE 10050
Support @ 10300 If it breaks next 10133 Resistance near 10700 - 10750 All Expecting bounce back but as per nature of nifty, it always surprise so Monday target - 10350 level NSE:NIFTY
Greetings traders, This is a weekly update following our monthly, daily & probability analysis Please do not proceed with this analysis , if you haven't come across any of those. Refer to them at first & proceed with this analysis - link in the signature section (below)! Now to the analysis, following our daily update, we mentioned that the NIFTY could...