Trade Opportunities in Nifty on 12-07-2023
Hello Friends,
These are the list of probable trades on 12-07-2023 as per my understanding of Price- Action and Support- Resistance.
Level 1:
Trade A which is buying PE, can be initiated if the support of Level 1 is broken.
Trade B which is buying CE, Can be initiated if the price takes a bounce from the Level 1 support.
Trade C which is buying CE, Can be initiated if the price breaks the resistance of Level 1, and sustains in Level 2.
Level 2:
Trade D which is buying PE, can be initiated if the support of Level 2 is broken and enters Level 1.
Trade E which is buying CE, Can be initiated if the price takes a bounce from the Level 2 support.
Trade F which is buying PE, can be initiated if the support of Level 3 is broken and enters Level 2 or if the price takes a rebound from the resistance of Level 2.
Level 3 :
Trade G which is buying CE, Can be initiated if the price breaks the resistance of Level 3 and enters into the zone above.
Trade H which is buying PE, can be initiated if the price cannot break the resistance of Level 3 and takes a rebound.
Please message me for any confusion or any suggestions.
Happy Trading !!
These are the list of probable trades on 12-07-2023 as per my understanding of Price- Action and Support- Resistance.
Level 1:
Trade A which is buying PE, can be initiated if the support of Level 1 is broken.
Trade B which is buying CE, Can be initiated if the price takes a bounce from the Level 1 support.
Trade C which is buying CE, Can be initiated if the price breaks the resistance of Level 1, and sustains in Level 2.
Level 2:
Trade D which is buying PE, can be initiated if the support of Level 2 is broken and enters Level 1.
Trade E which is buying CE, Can be initiated if the price takes a bounce from the Level 2 support.
Trade F which is buying PE, can be initiated if the support of Level 3 is broken and enters Level 2 or if the price takes a rebound from the resistance of Level 2.
Level 3 :
Trade G which is buying CE, Can be initiated if the price breaks the resistance of Level 3 and enters into the zone above.
Trade H which is buying PE, can be initiated if the price cannot break the resistance of Level 3 and takes a rebound.
Please message me for any confusion or any suggestions.
Happy Trading !!
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