Sunday, 20 August 2017

Nifty Trade Plan for the week - 21-24 Aug.2017

7.00 pm 20/8/17.

NIFTY WEEKLY CHART



There is big sell candle happened in the August 2 week,  Nifty managed to stay above the previous week low.  Now this week, Nifty resistance placed at 9930 levels and support seen at 9730 levels.

Nifty spot level weekly data.

I am planning to buy 9900 CE around Rs.10/- CMP 68. Expect nifty to move back to 10000  levels in the last week of  expiry.

Till that time, if there is any 40 -50 points correction in the nifty on intra day basis , I look to buy NIFTY and take the profit at the end of the day.

Let see...

Good Luck
Yours
Zen Trader..




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