nifty TradeSetup For 11-08-2023
Aggiornato
Nifty important Intraday levels to watch are as follows
Expectations: Trending day
#Support: 19520
Sell below: 19520 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19470
Target 2: 19380
#Resistance: 19560
Buy Above: 19560 only on 15 minute candle closure Above the level
Target 1: 19630
Target 2: 19690
#Demand Zone: 19470-19490 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Expectations: Trending day
#Support: 19520
Sell below: 19520 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19470
Target 2: 19380
#Resistance: 19560
Buy Above: 19560 only on 15 minute candle closure Above the level
Target 1: 19630
Target 2: 19690
#Demand Zone: 19470-19490 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
Nota
Opened flat. Support breached and reached Target 1 !!
Trade chiuso: obiettivo raggiunto
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