Nifty Trade Setup for 09-08-2023
Actualizado
Nifty important Intraday levels to watch are as follows
Expectations: Rangebound/Sideways day.
#Support: 19550
Sell below: 19550 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19510
Target 2: 19460
#Resistance: 19590
Buy Above: 19590 only on 15 minute candle closure Above the level agressive buy above supply zone.
Target 1: 19640
Target 2: 19680
#Demand Zone: 19530-19550 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Supply Zone: 19630-19600 may act as a selling zone and price may reject from the region marked in red 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: Rangebound/Sideways day.
#Support: 19550
Sell below: 19550 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19510
Target 2: 19460
#Resistance: 19590
Buy Above: 19590 only on 15 minute candle closure Above the level agressive buy above supply zone.
Target 1: 19640
Target 2: 19680
#Demand Zone: 19530-19550 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Supply Zone: 19630-19600 may act as a selling zone and price may reject from the region marked in red 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
Successfully achieved target 1.
Low made 19467 after break of support and demand zone. 7 points away from our second target level.
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Nota
What a bounce !!! Just playing the levels sooo smoothly !!
Operación cerrada: objetivo alcanzado
bounced back after achieving almost both targets on downside and hit target 1 on upside too !! #had a great day !!
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