NIFTY 50 15 MIN GANN LEVEL CHART INTRADAY....

Today is the second day for Nifty 50 which is within the range of 21747 and 21670. Both these
levels can be used for intraday trading. How to use the 80 points for trading. Divide the range in 4 parts with each 20 points. Scalpers range. Trade 1/4 and 3/4 levels of the range that is 21670 plus 20 points is 21690 level to buy and 21750 minus 20 points is 21730 to sell. Make 20/40 points profit within the range. This is the safest range to trade within the range.
Happy Trading !!!

Comment:

We got the required required breakout above 21747 level as main trend is up. Next target of21796 achieved. Next Resistance is 21824. Caution here as we normally get a sizeable reaction at this percentage level if no further momentim is seen on the upside.
Happy Trading !!!

Trade closed: target reached:

We have a All Time High on Nifty 50 in contination of the uptrend. 21824 target above 21747 in the uptrending move intraday. Now the this is the 1/3rd zone of the range above which next target is 1/2 zone level at 21901. Use 21796 as guidance henceforth for profit booking. 21800 is a cardinal level so use this level for clues if any big reversal comes.
Happy Trading !!!

Trade closed: stop reached:

More than 100 points fall intraday 15 min bat 15 pm to 15:15 pm.
21796 stop worked and would have saved late entrants.
Back to the consolidation of Friday.
Happy Trading !!!