Here are the levels for nifty to trade for tomorrow intraday. and mark these levels on the chart. on the daily TF we can see the RSI divergence and the over bought zone. i think the price might go up a little and trap the buyers if open gap up and we can see a nice fallto donwside.
if the price opens flat and then breaks the trendline then we can take the entry on the retest below the 19715 level with the volumes confirmaiton.
if the price breaks the resistance 19780 level then on the retest we can take the entry with the volumes confirmation.
buy 19750CE price above 19780 level
sell 19750PE price below 19715 level
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
if the price opens flat and then breaks the trendline then we can take the entry on the retest below the 19715 level with the volumes confirmaiton.
if the price breaks the resistance 19780 level then on the retest we can take the entry with the volumes confirmation.
buy 19750CE price above 19780 level
sell 19750PE price below 19715 level
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.