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
TRADERSMOJO TELEGRAM CHANNEL *future calls *option trading (buying) *index trading (options and futures) *index update and oi analysis t.me/tradersmojo
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