Told you today ,if Nifty opens above 15620 then we will buy nifty on dip , gives buying oppurtunity 15610 and from there we get 90 point .
now nifty is heading towards 16000 mark . look for buy on dip til 15640 . fresh sell will come only below 14600.
Tomorrow is expiry . 15500 and 15620 is important level to watch . If nifty opens above 14620 then look for sell Pe option at lower level. If nifty opens between 14590 to 14616 .. If nifty opens between 15520-15590 ,we might see a Range bound Market ,
Sell both Call and Put option.
Level mention on chart.
Tomorrow I will trade carefully as per opening. If market opens above 14620 ..Then again I will buy on dip till market trade above 15550 -15520.
If Market opens below 15520 then I will sell on rise till 15620 . If market open between 115520- 15600 . we might see a range bound market .
Let the market set a range in 30 min and then set your trade accordingly.
Nifty is in uptrand ... but keep your position light till 14500 . if nifty sustain above 15500 or 14450 ...we can initiate long for 15600 & 15620.
buy on dip if market opens above 15400. ji opens below 15400 then we can look for sell below 15390.
Tomorrow is expiry , Lets discus trade setup in detail:-
1. If nifty opens gap up :- If Nifty opens above 15080 0r 15100 than look for buy on Dip till 15040 .with 15000 as SL . Don't forget to trail your SL.
2. If nifty opens Gap Done :- if Nifty opens below 15000 then sell on Rise till 15090 . Sl will 15125.
3. in Range :- if Nifty opens between 15020 -15070 ....
Nifty break the resistance trend line and close near resistant line . If nifty opens above 14650 then we will look for buy on dip .
today nifty trade in 100 point range ..tomorrow we can expect nifty to trade in both direction .
Level mention on Chart.
Nifty is in a Range of 14130- 14530 . Till market stay in that Range , Market will give momentum in both direction . I am following same strategy ..sell on top till sustain below 14470 or trade below trend line and buy from bottom till sustain above 14150.