Nifty Daily Levels Update For Option Day Trading

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 Nifty Sustain above Support Zone (15918 – 15905) You Can Buy ATM CALL Option ( 15900 CALL)
Nifty Target – Nfty Upside First Target is 16000 & 16058
Trade Stoploss – If Nifty50 index Any 30 min candle Close Below Support 15905 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow Secnd Up Side Possible Trade in Nifty50 – If Nifty Open Gap Up Above Resistance

Trade Entry – If Nifty Sustain Above Resistance Zone (16058 – 16044) Buy 16000 CE Option Contract
Trade Target – Nfty Down side First Target is 16168 and second target is 16220
Trade Stoploss – If Nifty50 index Any 30 min candle Closes Above (16044) or max . 20/25 Points Stoploss




BUY PUT OPTION

Tomorrow First Possible Down Side Trade in Nifty50 – If Nifty Open Gap Up Near Resistance

Trade Entry – If Nifty Sustain Below Resistance Zone (16058 – 16044) Buy 16050 PE Option Contract
Trade Target – Nfty Down side First Target is 15917 and second target is 15860
Trade Stoploss – If Nifty50 index Any 30 min candle Closes Above (16058) or max . 20/25 Points Stoploss


Tomorrow Second Possible Down Side Trade in Nifty50

Trade Entry – If Nifty Sustain Below Support Zone (15918 – 15905) Buy 15900 PE Option Contract
Trade Target – Nfty Down side First Target is 15800 and second target is 15700
Trade Stoploss – If Nifty50 index Any 30 min candle Closes Above (15918) or max . 20/25 Points Stoploss