Nifty50 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...
Nifty 50 Key Trading Levels 13th June 2023 for Option tradesetup
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...
Nifty Confirm Targets By Chart Analysis and Option Chain Analysis 2023
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 16955 - 16970
Second Support Zone For nifty50 – 16863 - 16880
Third Support Zone For nifty50 – 16715 - 16735
Resistance Zones For...
NSE:NIFTY NIFTY can give us target of 16800 if we break todays support of 17144/17094 ,
if we get a 15min/1hr candle close below 17094 tomorrow then immidiate target will be 17020/16983, if we get candle close below 17950 then the immdiate target we can get will be 16883/16815 level.
newest fresh resistance has formed at the level of 17255/17303, nifty may...
NSE:NIFTY levels for tomorrow based on fresh and previously important support resistance areas,
- please wait for candle close on levels for retest/breaking of the level for next direction.
In this 1hour chart from 18351 to 16837 wave A is completed and from 16837 to 17794 wave B is completed at double zigzag correction. From 17794 wave C is already started and 16280-15923 would be the target range.
Nifty has formed inverted cup and handle with low volumes. And looks like the expected target also reached. Now it has potential to move down even further from this level but to be wait and apwatch case in coming days.
FII is heavily selling**. Comment your views if you have any.
This view is only for educational purpose**.
NSE:NIFTY
Observations:
1)On 15min time frame,we can see that it has been taking support from parallel channel since 02-09-2021. Breakdown of lower trendline of parallel channel will give down move and middle trendline is working as support and resistance in both the way.
Breakout of middle trendline will give upmove till the upper trendline. And breakout of...
Extending wave (5) should easily travel above 18000 and is likely to continue toward 18480.
Target 1: 18000
Target 2: 18142
Target 3: 18350
Target 4: 18480
Stay tuned for the next update.
NSE:NIFTY
This is Scenario-2 for NIFTY for good gap up and turnaround in the global sentiment which is bullish at this moment.
In this I have mentioned 2 trade setup on the bullish side with entry, target and SL for each.
For 2nd Entry above 15750 it have 2 targets. If Bullish sentiment remains strong on the expiry day, then there can be chance to hit target...
NSE:NIFTY
This is Scenario-1 for NIFTY for minor gap up and turnaround in the global sentiment which is bullish at this moment.
In this I have mentioned 2 trade setup on the bullish side with entry, target and SL for each.
Also if Bullish sentiment remains strong on the expiry day, then there can be an bonus trade of 50 points if we see quick short...
NSE:NIFTY
This is Gap Down Scenario-3 for NIFTY . Level and Target are mentioned on Chart.
Take Short (PE) First Entry in range of 15680-15685 Zone. Target and SL mentioned in the Chart.
Take Short (PE) For the 2nd Entry, the range will be 15630. Target and SL mentioned in the Chart.
Don't hold current week expiry. Book your profit immediately. For the safe...
NSE:NIFTY
This is Gap Down Scenario-2 for NIFTY . Level and Target are mentioned on Chart.
Take Short (PE) First Entry in range of 15680-15685 Zone. Target and SL mentioned in the Chart.
Take Short (PE) For the 2nd Entry, the range will be 15640. Target and SL mentioned in the Chart.
Don't hold current week expiry. And don't chase for big upside movement....
NSE:NIFTY
This is Gap Down Scenario-1 for NIFTY . Level and Target are mentioned on Chart.
Take Long (CE) First Entry in range of 15630-15635 Zone. Target and SL mentioned in the Chart.
Tale long (CE) For the 2nd Entry, the range will be 15700-15710. Target and SL mentioned in the Chart.
Don't hold current week expiry. And don't chase for big upside...
NSE:NIFTY
This is Gap Down Scenario-5 for NIFTY . Level and Target are mentioned on Chart.
Sell / Short Entry on firm breakdown of 15800 and Target will be 15740 - 15745. Keep Stop loss 15840. Be quick in booking profit.
And it it sustain above 15740 level and shows the sign for reversal then take entry to go long.
Buy / Long Entry above 15750 1st...
