Hi traders 😊
I have that you doing well
🛑 I was analysed NIFTY 50 levels for intraday trading for 22nd SEP and market stayed in between that range only and it is indecisive region for option buyers and option sellers get benefited from that ( If want to check whether right or wrong go and scroll down mine profile u will get to know I'm right or worng ) okay move on ..
🛑 If We watch market through daily frame it's formed an indecisive candel
🛑 If get into 15 mins time frame chart we can clearly see that it's trying to breakout resistance level of 17600-17650 region (this what I'm told in pre market analysis for 22nd SEP )
🛑 Intraday volatility is very low in nifty ie. About only 0.4% which means it helped lot to option sellers ( if want know in detail about check out mine last post I clearly explained in it )
🎯Key levels to watch out for 23rd SEP ie. Weekly expirey
🛑 Crucial resistance zone for nifty is 17610-17630 zone
◽If it is breakout successfully then initiate trade (BUY CE) with stoploss of 17530
◽ Target 1 ie. 17730
🛑 crucial support zone for Nifty is at 17470-17450
◽If it it breakdown successfully then initiate trade (BUY PE) with stoploss 17530
◽Target 1 ie. 17300
Summary
➡️ Resistance zone BUY CE Only above 17610-17640
➡️ Support zone BUY PE only below 17470-17450
➡️Nifty Will be weaker in between 17530-17470 levels
🛑Give rating for mine analysis and it motivates me to do more better
Thanks for reading I hope that it will help a lot
If there is any mistake please let me know I will correct it
And comment your views below
If you like it follow us for more
Have a nice day 😊
I have that you doing well
🛑 I was analysed NIFTY 50 levels for intraday trading for 22nd SEP and market stayed in between that range only and it is indecisive region for option buyers and option sellers get benefited from that ( If want to check whether right or wrong go and scroll down mine profile u will get to know I'm right or worng ) okay move on ..
🛑 If We watch market through daily frame it's formed an indecisive candel
🛑 If get into 15 mins time frame chart we can clearly see that it's trying to breakout resistance level of 17600-17650 region (this what I'm told in pre market analysis for 22nd SEP )
🛑 Intraday volatility is very low in nifty ie. About only 0.4% which means it helped lot to option sellers ( if want know in detail about check out mine last post I clearly explained in it )
🎯Key levels to watch out for 23rd SEP ie. Weekly expirey
🛑 Crucial resistance zone for nifty is 17610-17630 zone
◽If it is breakout successfully then initiate trade (BUY CE) with stoploss of 17530
◽ Target 1 ie. 17730
🛑 crucial support zone for Nifty is at 17470-17450
◽If it it breakdown successfully then initiate trade (BUY PE) with stoploss 17530
◽Target 1 ie. 17300
Summary
➡️ Resistance zone BUY CE Only above 17610-17640
➡️ Support zone BUY PE only below 17470-17450
➡️Nifty Will be weaker in between 17530-17470 levels
🛑Give rating for mine analysis and it motivates me to do more better
Thanks for reading I hope that it will help a lot
If there is any mistake please let me know I will correct it
And comment your views below
If you like it follow us for more
Have a nice day 😊