FINNIFTY LEVELS 13TH OCTOBER 2023
Dear Friends,
Finance Nifty Important Levels :
Last Traded Price- 19933
Immediate Resistance- 19951-19965
Immediate Support- 19893-19880
Target after Breaking Resistance:
Target 1 : 20015-20030
Target 2 : 20075- 20088
Target after Breaking Support:
Target 1 : 19830-19814
Target 2 : 19764-19746
NOTE:
1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Finance Nifty Important Levels :
Last Traded Price- 19933
Immediate Resistance- 19951-19965
Immediate Support- 19893-19880
Target after Breaking Resistance:
Target 1 : 20015-20030
Target 2 : 20075- 20088
Target after Breaking Support:
Target 1 : 19830-19814
Target 2 : 19764-19746
NOTE:
1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
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