Month: May 2020

Posted on by Dharamveer

NIFTY DID OUT TGT 9600 NOW SUSTAIN BELOW 9508 CAN SEE 9445 LEVELS. ONLY BELOW 9400 CAN SEE 9250 LEVELS. IF SUSTAIN ABOVE 9630 ONLY CAN SEE 9680. CLOSING ABOVE 9680 CAN SEE 9890-9980 LEVELS. PRICE TEST RISING WEDGE LEVELS IF OPEN GAP DOWN BELOW 9515/9508 AND CLOSED BELOW 9440 THEN WE CAN THINK RALLY IS OVER. 

IN HOURLY CHART NIFTY FORMED SHOOTING STAR AND HOURLY RSI NOW AT OVERBOUGHT ZONE .

http://prntscr.com/s8341b
http://prntscr.com/s834nl

EXPIRY RANGE: 9722-9385 NS.

NIFTY OPTION FOR 30/04/2020:

BUY 9500 CE 30 APRIL@99+ STOP 83 TGT 117-130-150-180.

BUY 9600 PE 30 APRIL@93+ STOP 80 TGT 107-119-130-141-160-185.

PE TO BUY BELOW 9514 NS, CE ABOVE 9600 NS.