Observe_Think_Act_Think

NIFTY Monthly View

NSE:NIFTY   Nifty 50 Index
Monthly View

This view is Useful till
1) May 15 , 2020
2) Break of 10040

whichever condition occurs earlier.

Things to remember
1) Volatility is unusually High. Record High --> Small lots, Quick to book profits on both the sides.
2) Monthly very large loss because of social and economic uncertainty --> Mostly lesser than March range < 4000 point Range
3) Possible Range for April --> 10040 - 7000 , As of March 27, 2020 Option Market is indicating 7080 to 9920
4) Look to enter trades on short side when daily indicators are overbought -> Sell Calls, Sell Future


Handel aktiv:
This view is still active. There are two zones to watch for
1) 9400-9500
2) 9970 -10040
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.