TradingView
svapnilchoksi
Mar 8, 2023 5:07 AM

Nifty: High probability to move above 18000 in coming week. Long

Nifty 50 IndexNSE

Description

Levels and other details are mentioned in the chart.

There is a high probability to get trending market on upper side.
I will change my view and position in case of price sustain below 17600.

Levels and analysis is for a position view (Option selling).

Trade closed manually

Will think for a long above 17750...
Long Position Closed

Trade active

Comment

Bull Spread will be the best option because there are multiple supply zones on the upper side and it will be difficult to cross those supply zones with weak price action. So I am expecting trending market.

Trade closed: stop reached

Trade active

Long After base creation

Trade closed: stop reached

More