Nifty 50 index Intraday Technical Analysis for 30 Jan., 2025
🚀 Unlock the potential with my Nifty 50 Intraday Technical Analysis for 30.01.25!
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📍 Range Trigger Point (DRTP): 23144 📅 Day Range: 192
📈 Long Position 🔹 Buy Above: 23095 🎯 Target 1: 23263 🎯 Target 2: 23336 ⛔ Stoploss: 23031
📉 Short Position 🔹 Sell Below: 23050 🎯 Target 1: 23025 🎯 Target 2: 22952 ⛔ Stoploss: 23114
🚀 How to Trade with Numro Trader Intraday Levels
Buy Setup 🕒 Wait for a 5-Min candle to close above DRTP or Buy Above level. 📈 Confirm breakout with a candle breaking the high of the breaking candle. 🛒 Enter a buy order at the active level (DRTP or Buy Above). 🎯 Target: Aim for Target 2 (if coming directly from DRTP) or Target 1 (if coming from below DRTP). ⚠️ Exit Rule: Set stoploss 30 points from the active level. Avoid re-entering after achieving the target.
Sell Setup 🕒 Wait for a 5-Min candle to close below DRTP or Sell Below level. 📉 Confirm breakout with a candle breaking the low of the breaking candle. 🛒 Enter a sell order at the active level (DRTP or Sell Below). 🎯 Target: Aim for Target 2 (if coming directly from DRTP) or Target 1 (if coming from above DRTP). ⚠️ Exit Rule: Set stoploss 30 points from the active level. Avoid re-entering after achieving the target.
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