Nifty 50 IndexUpdated Nifty Intraday levels for 10 May 2021 (Triangle Pattern)
Execute Long Only if the RSI Breaks the trend line and the price should be above 14870 for a target of 14980.15000 will be our Strong Psychological Resistance as per Open interest.
Execute Short below 14770 , as the price breaks the Strong support of 14800 ( As per open interest ) for target of 14670 & 14600 levels.
Right now , Index is in indecisive mode. Don't take heavy positions.
Kindly share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for Educational purpose only.
Execute Short below 14770 , as the price breaks the Strong support of 14800 ( As per open interest ) for target of 14670 & 14600 levels.
Right now , Index is in indecisive mode. Don't take heavy positions.
Kindly share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for Educational purpose only.
Trade closed: target reached
Target Achieved
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.