NIFTY 4TH APRIL TRAP TRADING ANALYSIS

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The market (NIFTY50) is currently trading at 22416. However, it's important not to blindly follow the buy or call side under the yellow box, as it signifies a sideways zone. For the past two days, I've observed a sideways market with premiums not showing significant increases.

Here are the levels and analysis for the NIFTY Expiry on April 4th (TRAP TRADING):

Point 1: Avoid using the maximum amount in the Yellow zone, ranging from 22325 to 22500.

Point 2 (BULLISH): Consider going for the CALL side or bullish positions once the market crosses 22500. The targets will be:

Target 1: 22613
Target 2: 22650
Target 3: 22694

Point 3 (BEARISH): Go for the PUT side or bearish positions when the market crosses 22325. The targets will be:

Target 1: 22185
Target 2: 22150
Target 3: 22108

Note: Selling side momentum can be captured effectively as selling often yields better results than buying. However, it's crucial not to be biased towards any side. Wait for a level break and then align with the market. The market will consistently provide favorable outcomes, whether in terms of profit or learning.
Dagangan ditutup: sasaran tercapai
All 3 Targets Achieved UP side
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