Nifty Trading Strategy for 12th December 2024
Nifty Trading Strategy
Key Levels:
Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart)
Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart)
Confirmed Uptrend: Only if it breaks decisively above 24,860
Confirmed Downtrend: Only if it breaks decisively below 24,290
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame.
Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Key Levels:
Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart)
Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart)
Confirmed Uptrend: Only if it breaks decisively above 24,860
Confirmed Downtrend: Only if it breaks decisively below 24,290
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame.
Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
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