Nifty: Chart levels and trading strategy for the 08 April expiry

Aggiornato
Nifty
CMP 14774

- We have got the rise we were looking for

- on charts we see 2 important resistance levels at 14818 and 14885 levels

given the levels we have suggested a trading strategy in chart

The trading strategy covers risk for a rise in Nifty price up to 14954-14964 giving us ample scope to adjust / exit in case Nifty movement is not in favor.


Take care & safe trading...!!!


Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade attivo
As suggested yesterday

Nifty has taken resistance at the 1st red line...

Strategy update

Nifty 14900 (suggested selling in the range of 54-64)

currently trading at 31

Take care & safe trading...!!!
Nota
Nifty 14900 Call option is at 64
Those who missed out yesterday may consider to enter
Trade attivo
Today was RBI Policy Meet and despite the event we saw Nifty respecting Technical Levels to perfection.

Is this coincidence...

See it for yourself

We highlighted the 2 resistance levels above at 14818 and 14882 / 14885

Notice today's high is 14879.80 and closing is at 14819.05

Also, our trading strategy to sell Nifty 08 April expiry 4900 Call Option in the range of 54-64

Nifty 14900 Call option made a high of 65 (duly updated at market hours)
We had identified our levels and made a trading plan. When those levels come, it is just execution of plans.

No confusion... gr8 combination :-)

Enjoy and happy trading...!!!
Like and Follow
Trade chiuso: obiettivo raggiunto
istantanea

Nifty 14900 Call Option (suggested selling in the range of 54-64)
CMP 4.50

Our strategy ensured we were in control of the situation and kept us in the game
and has now gives us the desired results

Happy trading...!!!
callputChart PatternsfuturesNIFTYoptionsTrend AnalysisTrend Lines

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