Nifty Trading Plan for 1st January 2025
Trading Plan
Buy Setup
Condition to Enter (Buy):
Enter a buy trade above the high of the candle that closes above 23,710 in the 15-minute time frame.
Targets (Buy):
First Target: 23,750
Second Target: 23,780
Third Target: 23,820
Stop Loss (Buy):
Place your stop loss below the low of the breakout candle or a key support level based on your risk tolerance.
Sell Setup
Condition to Enter (Sell):
Enter a sell trade below the low of the candle that closes below 23,575 in the 15-minute time frame.
Targets (Sell):
First Target: 23,540
Second Target: 23,490
Third Target: 23,455
Stop Loss (Sell):
Place your stop loss above the high of the breakout candle or a key resistance level.
Disclaimer
I am not a SEBI-registered advisor. This trading plan is for educational and informational purposes only and should not be considered as financial advice.
Trading in the stock market involves significant risk and may not be suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk tolerance before engaging in any trading activity.
Past performance is not indicative of future results. Consult a licensed financial advisor before making trading decisions.
Buy Setup
Condition to Enter (Buy):
Enter a buy trade above the high of the candle that closes above 23,710 in the 15-minute time frame.
Targets (Buy):
First Target: 23,750
Second Target: 23,780
Third Target: 23,820
Stop Loss (Buy):
Place your stop loss below the low of the breakout candle or a key support level based on your risk tolerance.
Sell Setup
Condition to Enter (Sell):
Enter a sell trade below the low of the candle that closes below 23,575 in the 15-minute time frame.
Targets (Sell):
First Target: 23,540
Second Target: 23,490
Third Target: 23,455
Stop Loss (Sell):
Place your stop loss above the high of the breakout candle or a key resistance level.
Disclaimer
I am not a SEBI-registered advisor. This trading plan is for educational and informational purposes only and should not be considered as financial advice.
Trading in the stock market involves significant risk and may not be suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk tolerance before engaging in any trading activity.
Past performance is not indicative of future results. Consult a licensed financial advisor before making trading decisions.
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.