FINNIFTY LEVELS 26TH OCTOBER 2023
Dear Friends,
Fin-Nifty Important Levels :
Last Traded Price- 19225
Immediate Resistance- 19274-19284
Immediate Support - 19212-19203
Target after Breaking Resistance:
Target 1: 19340-19352
Target 2: 19410-19423
Target after Breaking Support:
Target 1: 19212-19203
Target 2: 19064-19051
NOTE:
1: For the candle that has broken resistance or support, let it close before taking a 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: Trade using 15 minutes, 5 minutes, or 3 minutes candles. The higher the time frame of the candle, the higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Fin-Nifty Important Levels :
Last Traded Price- 19225
Immediate Resistance- 19274-19284
Immediate Support - 19212-19203
Target after Breaking Resistance:
Target 1: 19340-19352
Target 2: 19410-19423
Target after Breaking Support:
Target 1: 19212-19203
Target 2: 19064-19051
NOTE:
1: For the candle that has broken resistance or support, let it close before taking a 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: Trade using 15 minutes, 5 minutes, or 3 minutes candles. The higher the time frame of the candle, the higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.