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Niftyshort

Nifty50On Friday a 50 bps increase in the repo rate this week, the fourth consecutive rise since May 2022. This takes the repo rate to 5.90 percent – the highest level since April 2019 – from 5.40 percent. Nifty moved upward and closed +270 points in positive near to its 17100 the resistance level of 17200 is the upcoming Target from Nifty. Although it tried to achieve that level on 30 September, Friday but closed 100 points below it. We can see some movement in the upward direction for 2-3 days. Later it can face Resistance at 17200 to 17400 where it can try to consolidate or try to hold that level as 17500 is a strong resistance level we can see a short position or reversal from that level. NOTE - As this week is only 4-day trading we have to trade with less as most markets try to hold their support and a slow steady move upward can be seen. Advice- Try to take trade-in ATM . _ We can see support at 17000 the point it breaks that we can look for 16800 to 16750. (This is when Nifty faces some resistance at 17200 or comes back from the 17400 level. As it will try to make the Double bottom from 16800 which shows bullish momentum and if it fails to make it the Short position will gonna start.) _ We can go Short once the Support 1 - 16750 breaks down we hold the option for another day that can give us a good move in a single day. Technical Indicator I used was the Moving average and on a 1Day time frame, Nifty took the support of 100DMA, and now 20DMA is trying to cross the 100DMA which is trying to indicate SELLING.
NSE:NIFTYShort
by SUTHARTRADE
Nifty WeakNifty is weak After a long bull rally nifty broke the resistance of 17800 for a short time but could not hold it till weekly closing. Nifty is now weak below 17800 with minor support at around 17350 which should get easily broken given that the rally given by Nifty was around 2500 pts. 16800 or 16300 are more realistic bounce back targets for Nifty. General Nifty trade setup: Short Nifty below 17750 Target 1 17350/ 17400 Target 2 16800 / 16700 Target 3 16300 / 16200 I expect Nifty to retrace till Target 2 levels. Once 16800/700 is achieved and Nifty bounces from there then the rally may take it to 19000. Nifty trade setup for Monday, 22 Aug: Short Nifty Fut Intraday SL 17750 / 17840 / 17900 / 18000 (depends on the price on which it is shorted) Closing Basis SL 17750 Please ignore the indicators on the chart. They are irrelevant to this analysis.
NSE:NIFTYShort
by anuragcoma15
Nifty Daily Levels Update For Option Day Trading Up Side First Possible Trade Nifty Tread Entry - If Nfty Open Near support & Sustain Above Support Zone -(17219 -17240) then you can Buy 17250 ATM CALL OPTION Tread Target - Nifty up side First Target is 17300 and Secod Target 17356 Stoploss - If Nifty50 index Any 30 min candle Close Below Support 17219 then Exit from Trade or max . 20/25 Points Stoploss Down Side Possible Trade –Trading Idea If Nifty Open Gap up Tomorrow Tread Entry - If nifty open gap up but below Resistance Zone (17356 -17340) then you can Buy 17350 ATM PUT OPTION Tread Target - Nifty Down Side First Taret is - 17240 Nifty Down Side Second Target is - 17122 ( in any One Hour Candle Closes below 17219 then Next Target 17122 is Possible ) Stoploss - If Nifty50 index Any 30 min candle Close Above Resistance 17356 then Exit from Trade or max . 20/25 Points Stoploss .
NSE:NIFTYShort
by manojshinde27
Nifty Daily Levels Update For Option Day TradingWhen to Buy Call Option in Nifty First Possible Trade Trade Entry – If Nifty  Sustain Above Support Zone (15707 – 15690 )  You Can Buy ATM call Option Trade Target –  Nfty Upside First Target  is 15850  and Second Target is 15925 Trade Stoploss –  If Nifty50 index Any 30 min candle Close Below Support 15690 then Exit from Trade  or max . 20/25  Points Stoploss . Second  Possible Trade if Nifty Open Gapup Above Major Resistance  Trade Entry – If Nifty Break Support Zone   (15925 – 15890 )  Sustain below You Can make entry in ATM CALL Option Nfty Upside First Target  is 16080  and Second Target is 16230 Trade Stoploss –  If Nifty50 index Any 30 min candle Close Below Support 15890 then Exit from Trade  or max . 20/25  Points Stoploss . When to Buy Put Option in Nifty  First Possible Trade in Down Side  Trade Entry – If Nifty Break Support Zone   (15715 – 15690 )  Sustain below You Can make entry in ATM put Option Trade Target – Nfty Down side First Target  is 15590  and second target is 15450 Trade Stoploss –  If Nifty50 index Any 30 min candle Closes Above (15715) or max . 20/25  Points Stoploss Second  Possible Trade if Nifty will Open Gap up But Below Major Resistance  Trade Entry – If Nifty Sustain Below Major Resistance Zone  (15916 – 15890 )  You Can make entry in ATM put Option Trade Target – Nfty Down side First Target  is 15700   and second target is 15550 Trade Stoploss -  If Nifty50 index Any 30 min candle Closes Above (15925 ) or max . 20/25  Points Stoploss
NSE:NIFTY
by manojshinde27
Nifty Daily Levels Update For Option Day Trading Strategy Nifty Possible Trade for Tomorrow (Nifty me Kal Konsa Trade Le sakte hai ) When to Buy Call Option in Nifty Trade Entry – If Nifty  Sustain Above Support Zone (15715 – 15690 )  You Can Buy ATM call Option Trade Target –  Nfty Upside First Target  is 15850  and Second Target is 15925 Trade Stoploss –  If Nifty50 index Any 30 min candle Close Below Support then Exit from Trade  or max . 20/25  Points Stoploss . When to Buy Put Option in Nifty – Trade Entry – If Nifty Break Support Zone   (15715 – 15690 )  Sustain below You Can make entry in ATM put Option  Trade Target – Nfty Down side First Target  is 15590  and second target is 15450 Trade Stoploss –  If Nifty50 index Any 30 min candle Closes Above (15715) or max . 20/25  Points Stoploss
NSE:NIFTYShort
by manojshinde27
Hero news simplifiedHero launched some models in Turkey, and appreciated 8 percent in stock spot price. However, hero motor export figures are next to nothing. Just about 20000 units. Move is disproportionate, sell CE (call option) of 2700s toward 2585(200DMA level), and then 2500. Hero has tried to find solace at 200 DMA, in recent times. Hero stock price is expensive, given this market. Not to mention prices of several other auto nifty movers as well. In other news, Hero is going to raise it's two-wheeler prices by (upto) 3,000/- next month. Increasing product price gives hero less of a price edge over other competitors. Keep in mind Hero sale figures are still lower than pre-covid levels (66% sale figures, or two-months-out-of-three in this quarter are out already—and sales are below pre-covid levels). Demand is down. Hero can rest at 2500, 2350 could be considered a buy price.
NSE:HEROMOTOCOShort
by SwingGun
2
Nifty Daily Levels Update For Option Day TradingNifty Possible Trade for Tomorrow When to Buy Call Option in Nifty – Trade Entry – If Nifty Sustain Above Support (15540 or 15680  ) You Can Buy ATM call Option to get Maximum Benifits of Option if Goes in YourTrade Direction Trade Target – If You Buy Above (15540)  Then upside First Target for Nifty is 15680  and Second Target is 15780 Trade Target - If You Buy Above (15680)  Then upside First Target for Nifty is 15780   and Second Target is 15900 Trade Stoploss – If You Buy Above (15540 )  then Stoploss is 15525 Trade Stoploss – If You Buy Above (15680)  then Stoploss is 15655                                                                            ( Any 30 min candle Should Close Below Support ) When to Buy Put Option in Nifty – Trade Entry – If Nifty Sustain below 15525   or Closes any one Hour Candle below 15525 Trade Target – For Down side Tomorrow First Target for Nifty is 15300  and second target is 15200 Trade Stoploss – If any 30 min candle Closes Below 15540  or max . 20 Points
NSE:NIFTY
by manojshinde27