Nifty Daily Levels Update For Day Trading 29 july 2022

Nifty Daily Levels Update For Day Trading

Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open Gap up Tomorrow
Trade Entry –
If Nifty Sustain above Resistance Zone (16991-16964) You Can Buy ATM CALL Option ( 17000 CALL)
Nifty Target –
Nfty Upside First Target is 17133, Second Target is 17268
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16964 then Exit from Trade or max . 20/25 Points Stoploss .

Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open Gap Down Tomorrow
Trade Entry –
If Nifty Sustain above Support Zone (16827 -16852) You Can Buy ATM CALL Option ( 16850 CALL)
Nifty Target –
Nfty Upside First Target is 16920, If any one hour Candle Closes above 16991 Then Next Target is 17133
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16827 then Exit from Trade or max . 20/25 Points Stoploss .

Tomorrow First Down Side Possible Trade in Nifty50 - If Nifty Open Gap Up Near Resistance
Trade Entry –
If Nifty Sustain Below Resistance Zone (16991-16964) Buy 17000 PE Option Contract
Trade Target –
Nfty Down side First Target is 16852 and If any One Hour Candle Closes Below Support 16827 then second target is 16755
Trade Stoploss –
If Nifty50 index Any 30 min candle Closes Above (16991) or max . 20/25 Points Stoploss