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Nifty strategy for 18 NovemberFor Education purpose only, Today the market is most of the time sideways forming a range but has given a breakdown at the last half an hour (due to fall in dow futures). Tomorrow the market can continue this bearish trend because it is in retracement phase in daily TF. Market Opening near 18300-20 level; 1. If dow futures are negative & fallling AND there is higher call writing in the zones of 18300 & 18250 then the levels of 18269 & 18220 can be tested. 2. If dow futures are positive and rising AND there is higher put writing in the zones of 18350 & 18400 then the levels of 18366 & 18416 can be tested. Breakdown of 18318 level; If dow futures are negative & fallling AND there is higher call writing in the zones of 18300 & 18250 then the levels of 18269 & 18220 can be tested. Breakout of 18416 level; If dow futures are positive and rising AND there is higher put writing in the zones of 18450 & 18500 then the levels of 18460 & 18512 can be tested.
NSE:NIFTY
by agrawalshivam
Nifty strategy for 17 NovemberFor Educational purpose only, Today the market has made a high of 18436 and a low of 18357. In daily TF, market has formed a spinning top pattern (on top of uptrend) and a M pattern in 15 min TF, this can be a sign of reversal. Market opening near 18390; 1. If dow futures are -ve & falling and there is higher call writing in the zones of 18400 & 18350 then the levels of 18357 & 18318 can be tested. 2. If dow futures are +ve & rising and there is higher put writng in the zones of 18400 & 18450 then the levels of 18436 & 18476 can be tested. Breakout of 18436 level; If dow futures are +ve & rising and there is higher put writng in the zones of 18450 & 18500 then the levels of 18476 & 18516 can be tested. Breakdown of 18357 level; If dow futures are -ve & falling and there is higher call writing in the zones of 18350 & 18300 then the levels of 18318 & 18278 can be tested.
NSE:NIFTY
by agrawalshivam
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