Nifty 50 chart
Technical analysis of Nifty 50 for Option trading
Observation
- As we can see in the given nifty 50 chart, nifty 50 opened a big gap-down.
- In the first half it consolidated in a range.
- Then in the second half it breaks the consolidation range and gave a good sell off.
- As you can see in the given chart Nifty 50 takes a resistance from our level which is 17044. then it shows a good sell off.
- For Live targets follow us on Instagram. Or you can take targets via Insta DM.
Nifty 50 targets for option trading:
For Upside:
- When the Nifty 50 breaks the 17100 level with a strong candle then our first target will be 17200. And the second target will be 17300.
- You can check targets in the given chart.
- Trade with strict SL.
For Downside:
- When Nifty 50 breaks today's low which is 16800 with strong candle then our first target will be 16700 and the second target will be 16636 and the third target will be 16544.
- Mark these targets in your chart also.
- Trade with strict SL.
Trading setup for tomorrow
- Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
- Avoid large gap-ups and gap-downs.
- All the levels in the chart will act as resistance and support, hope you understand.
- If the market opens flat or small gap-up then our first target will be 17200 and the second will be 17300.
- Trade with strict SL.
Disclaimer:- All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you. And these targets may or may not work so we will not be responsible for targets also.
Bank nifty chart
Bank Nifty technical analysis for option trading
Observation:
- As we can see in the given chart bank nifty opened a big gap-down.
- In the first half bank nifty consolidated in a range.
- Taking support and resistance from our levels.
- Then bank nifty gives a good breakout and we saw a good sell off in the second half.
- For Live targets follow us on Instagram. Or you can take targets via Insta DM.
Bank nifty targets for option trading:
For Upside:- In my opinion I'll trade only when the bank nifty gives a good breakout over the 37800 level.
- Then our first target will be 38000 or 38090 and the second target will be 38400.
- Trade with strict SL.
For Downside:- If the BankNIfty breaks today's low which is 36800 then our first target will be 36400 and the second target will be 36000.
- Trade with strict SL.
- Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
- Avoid large gap-ups and gap-downs.
- All the levels in the chart will act as resistance and support, hope you understand.
- If the market opens flat or small gap-up then our first target will be 17200 and the second will be 17300.
- Trade with strict SL.
Disclaimer:- All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you. And these targets may or may not work so we will not be responsible for targets also.
Bank nifty chart
Bank Nifty technical analysis for option trading
Observation:
- As we can see in the given chart bank nifty opened a big gap-down.
- In the first half bank nifty consolidated in a range.
- Taking support and resistance from our levels.
- Then bank nifty gives a good breakout and we saw a good sell off in the second half.
- For Live targets follow us on Instagram. Or you can take targets via Insta DM.
Bank nifty targets for option trading:
For Upside:
- In my opinion I'll trade only when the bank nifty gives a good breakout over the 37800 level.
- Then our first target will be 38000 or 38090 and the second target will be 38400.
- Trade with strict SL.
For Downside:
- If the BankNIfty breaks today's low which is 36800 then our first target will be 36400 and the second target will be 36000.
- Trade with strict SL.
Trading setup for tomorrow
- Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
- Avoid large gap-ups and gap-downs.
- All the levels in the chart will act as resistance and support, hope you understand.
- Trade with strict SL.
Disclaimer:- All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you. And these targets may or may not work so we will not be responsible for targets also.
- Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
- Avoid large gap-ups and gap-downs.
- All the levels in the chart will act as resistance and support, hope you understand.
- Trade with strict SL.
Disclaimer:- All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you. And these targets may or may not work so we will not be responsible for targets also.
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