Nifty Intraday Anlysis || Expiry Special Hero Zero Trade

9 nov 2023

Good Morning Everyone,

Nifty closed its rangebound session on a positive note and formed a Dogi kind of candlestick pattern on the daily charts for yet another session on the yesterday session. Nifty is trading in higher highs higher lows for the fifth consecutive session. Bulls are still holding the game. If nifty is giving strong closing 19450 above then next hurdle we can face 19550-19600 levels. I think above 19550, everyone should book profits for short term. on downside 19300 is going to act strong support zone, if that breaks disaster can happen. Well we are going to act according to Chart and data.

Important Levels for Nifty:-

Intraday support zone 19400
Intraday Resistant zone 19500

Important Support Zone 19300
Important Resistant Zone 19600

Buy above 19456, if levels sustains at least for 30 Mints.
Targets we can see in upside 19533/19581
Keep stop loss at 19381

Sale below 19383, if levels sustains at least for 30 Mints.
Targets we can see in downside 19334/19275
Keep stop loss at 19456

Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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