Nifty taking rejection from monthly trendline. If it breaks 19422 then we can see 19555 level.
Buy above 19434 target 19463,19502,19525,19561
Sell below 19344 target 19299,19253,19226
nifty is taking support from trendline if it breaks then more fall towards 18500 level.
sell below 18718 target 18668,18650, 1862
buy above 18777, target 18799,18818, 18848
As per SGX nifty nifty will open gapup and looks strong buy. i would suggest wait for first 5 mins candle if it's green then go for buy.
Buy above 18577 Target 18606, 18633,18650,18677,18708
Sell below 18466, Target 18438
nifty looks strong but there should be some profit booking today and tomorrow.
Buy above 18465 and sell below 18585.
Nifty should not cross above 18745 and should not go below 18466.
Nifty is in failing wedge pattern if it sustains above 18210 then possibly it can reach 18414 level and there is another indication of W pattern or double bottom forming if it breaks the same level(18210) then it can reach 18418 level easily. From the Feb speed resistance fan it is taking support at 0.382 level(18110) and if it breaks then 18004 is the next...
the long trend line support from Apr 21st on the nifty has broken today. So possibility of breaking upto 18106 level.
Buy above 18386 (18300 CE) Target18412,18458, 18496
Sell below 18265 (18200 PE) Target 18211,18164,18106,18054.
nifty is in consolidation of 120 points unless it breaks above or below we will not see good move.
Buy above 18344 (18300 CE) Target 18397,18429
Sell below 18220 (18250 PE) Target 18161, 18099,18002,17963
Risk takers only
sell below 18283(183050 PE) first target 18220
buy above 18303 (18250 CE) first target 18344
Nifty Option Day Trading Setup
BUY CALL OPTION
Tomorrow First Up Side Possible Trade in Nifty50 – If Nifty Open Gap Down Near Support
Trade Entry – If...
