NIFTY INTRADAY 18-10-2021

NO doubt we are in BULL MARKET
SO WE THINK FOR BUY ONLY
There are 3 Possibilities

1).
OPENS GAP UP (most likely to happen)
VIEW market may go volatile or side ways and take one day pause and take rest between 18300 to 18500
ACTION SELL 18500 PE AND 18300 CE
SL PREMIUN SUM + 50 POINTS OR 15 MIN CLOSE ABOVE OR BELOW THIS RANGE

2). OPEN FLAT
VIEW BEST SENERIO
ACTION BUY ABOVE PREVIOUS DAY HIGH WITH SL OF 18320

3). OPENS GAP DOWN
VIEW BEST TO IGNORE THE TRADE
ACTION WAIT TILL 10.30 AM
A).IF IT CROSSED ABOVE PREVIOUS DAY HIGH THEN ENTER IN BUY TRADE
B).IF IT CAMES NEAR SUPPORT 18190 ENTER IN BUY TRADE
Beyond Technical AnalysisTrend Analysis

Penafian