Nifty Daily Levels Update For Option Day Trading

When to Buy Call Option in Nifty

First Possible Trade

Trade Entry – If Nifty  Sustain Above Support Zone (15707 – 15690 )  You Can Buy ATM call Option
Trade Target –  Nfty Upside First Target  is 15850  and Second Target is 15925
Trade Stoploss –  If Nifty50 index Any 30 min candle Close Below Support 15690 then Exit from Trade  or max . 20/25  Points Stoploss .

Second  Possible Trade if Nifty Open Gapup Above Major Resistance 

Trade Entry – If Nifty Break Support Zone   (15925 – 15890 )  Sustain below You Can make entry in ATM CALL Option
Nfty Upside First Target  is 16080  and Second Target is 16230
Trade Stoploss –  If Nifty50 index Any 30 min candle Close Below Support 15890 then Exit from Trade  or max . 20/25  Points Stoploss .

When to Buy Put Option in Nifty 

First Possible Trade in Down Side 

Trade Entry – If Nifty Break Support Zone   (15715 – 15690 )  Sustain below You Can make entry in ATM put Option
Trade Target – Nfty Down side First Target  is 15590  and second target is 15450
Trade Stoploss –  If Nifty50 index Any 30 min candle Closes Above (15715) or max . 20/25  Points Stoploss

Second  Possible Trade if Nifty will Open Gap up But Below Major Resistance 

Trade Entry – If Nifty Sustain Below Major Resistance Zone  (15916 – 15890 )  You Can make entry in ATM put Option
Trade Target – Nfty Down side First Target  is 15700   and second target is 15550
Trade Stoploss -  If Nifty50 index Any 30 min candle Closes Above (15925 ) or max . 20/25  Points Stoploss