Nifty levels for 19th JulyGood Morning Traders, Yesterday was a good day for everyone i think right, except Hero Zero Trade of Fin NIfty, am i right? Because we had got momentum for both side. Okay now let's focus on today's scenario.
Nifty is going to form a bullish flag pattern i think. Just assuming but we will trade according to price action. If there will be bullish flag pattern we will wait for breakout to enter for grabbing momentum. Global scenario is looking mixed till now, American market have given best intraday closing yesterday. Asian market struggling as Hang Seng already down 1.39% till now. So let's see how our market is going to behave. I have already market all the levels on chart, but still i will write here too.
Nifty Important levels for today:-
Buy Nifty above 19806, if levels got sustained at least for 15 mints.
Targets we can see in upside 19875/19950+ ( New All time high ).
keep Stop loss at 19699
Sale Nifty below 19699, if levels got sustained at least for 15 mints.
Targets we can see in downside 19615/19564
Keep Stop loss at 19806
Note:- Avoid trade in No trading zone as if you are a option buyer then you will lose money. And Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Niftytradingsetup
HERO ZERO Calls for 27 APR 2023HERO ZERO call opportunity:
NIFTY:
If Nifty touches 17700 - Buy ATM 17700 both CE and PE (total premium put together should be within 80-90 Rs)
If Nifty touches 17900 - Buy ATM 17900 both CE and PE (total premium put together should be within 80-90 Rs)
Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors.
If you require a financial advisor to assist you with investing or trading needs, please contact us using the comments section.
HAPPY TRADING!!!
Nifty Levels By Nifty Price Action Strategy For Trading 26 July Nifty Levels By Nifty Price Action Strategy For Trading 26 July
Call Side Posiible Trade in Nifty on Tuesday
Up Side First Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16588 -16610) You can Buy 16600 ATM CALL OPTION
Trade Target
Up side First Target is 16767 and If Any 1 Hour CandleCloses above 16770 then Second target is 16720 Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16588 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints
Up Side Second Possible Trade ( If Nifty Open Gap Down Tomorrow )
Tread Entry
If Nifty sustain Above Support Zone (16480 -16500) You can Buy 16500 ATM CALL OPTION
Trade Target
Up side First Target is 16588 and If Any 1 Hour CandleCloses above 16588 then Second target is 16670 Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16480 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints
PUT Side Posiible Trade in Nifty on Tuesday
First Possible Trade - If nifty Open Gap Up Tomorrow
Tread Entry
If Nifty Sustain Below Resistance Zone (16720 -16705) You can Buy 16700 ATM PUT OPTION
Trade Target
Down side First nifty Target is 16610 iF any one Hour Candle Closes Below 16588 then Second target is 16480 is Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Above Resistance 16720 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints
Nifty Daily Levels Update For Option Day TradingNifty Possible Trade for Next Trading Day
CALL SIDE TRADE
Trade Entry – If Nifty Sustain Above Support (16675 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Nifty is 15780 and Second Target is 15900
Trade Stoploss – If any 30 min candle Closes Below 15650 or max . 20 Points
PUT SIDE TRADE
Trade Entry – If Nifty Sustain below 15655 or Closes any one Hour Candle below 15655
Trade Target – For Down side Tomorrow First Target for Nifty is 15532 and second target is 15460
Trade Stoploss – If any 30 min candle Closes Below 15677 or max . 20 Points