NIFTY 50 crucial levels for Tuesday!
- Nifty consistently opening with Huge Gap up from last 3 trading sessions and leaving the gap as it is not good sign for market
- we can see in Daily frame chart there's an in decision between the Buyers and Sellers at higher levels
- one can go short on call when nifty breakdown below the middle support or below the 18440
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18180
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18500 -18550 (here we can see ( option chain) more short positions were holding at 18500 CE)
-with SL of 18480
- 18670 we can see as the target after breakout
- support level is at 18300 - 18270
-with the SL of 18350
- 18200 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
- we can see in Daily frame chart there's an in decision between the Buyers and Sellers at higher levels
- one can go short on call when nifty breakdown below the middle support or below the 18440
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18180
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18500 -18550 (here we can see ( option chain) more short positions were holding at 18500 CE)
-with SL of 18480
- 18670 we can see as the target after breakout
- support level is at 18300 - 18270
-with the SL of 18350
- 18200 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
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