FinNifty: Tuesday - 06/12/22
Levels:
Support: 19200, 19160, 19080, 18975
Resistance: 19340, 19475.
Trade Setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 19350 | 19280 | 19425 | 19575
-----------------------------------------
SELL | < 19200 | 19240 | 19100 | 19000
+++++++++++++++++++++++++++++++++++++++++
Support: 19200, 19160, 19080, 18975
Resistance: 19340, 19475.
Trade Setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 19350 | 19280 | 19425 | 19575
-----------------------------------------
SELL | < 19200 | 19240 | 19100 | 19000
+++++++++++++++++++++++++++++++++++++++++