NIFTY TRADE STEUP

2020년 6월 25일

NIFTY TRADE STEUP
-SGX NIFTY IS SHOWING A NEGATIVE START
-YESTERDAY WE SAW BEARISH ENGULFING PATTERN AND CONFIRMED OUR PATTERN OF RISING WEDGE
-TODAY INDEX WILL GAP-DOWN AND TEST OUR PREVIOUS CRUCIAL LEVEL OF 10160-10030
-I WILL ALSO UPLOAD THE 30-MIN CHART
-TRY AN UNDERSTAND I AM LOOKING AN OPPORTUNITY TO BUY THE DIP
-THOUGH I AM OPTIMISTIC I AM NOT CRAZY
-I WILL CREATE LONGS BUY ACCUMULATING JULY 10500 CALL OPTIONS
-AND TRY TO NAVIGATE ANY DOWNFALL BY TRADING IN THE WEEKLY OPTIONS
-TODAY I EXPECT THE MARKET TO TEST 10050-10160
-INDEX WILL LOOK TO TEST ITS 100-EMA/20-EMA

NIFTY RESISTANCE FOR THE DAY
10275-10330-10380
NIFTY SUPPORT FOR THE DAY
10160-10070-10030

!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!


YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES

READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX