Nifty Intraday TradeSetup for 04-09-2023
Updated
nifty important levels to watch are as follows
#Support: 19385
Sell below: 19385 only on 15 minute candle closure below the level. Scalpers may short below 19420 on candle closing confirmation.
Target 1: 19320
Target 2: 19250
#Resistance: 19460
Buy Above: 19460 only on 15 minute candle closure Above the level.
Target 1: 19510
Target 2: 19580
#Demand Zone: 19250-19300 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 19435-19450 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Support: 19385
Sell below: 19385 only on 15 minute candle closure below the level. Scalpers may short below 19420 on candle closing confirmation.
Target 1: 19320
Target 2: 19250
#Resistance: 19460
Buy Above: 19460 only on 15 minute candle closure Above the level.
Target 1: 19510
Target 2: 19580
#Demand Zone: 19250-19300 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 19435-19450 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
Note
Positive Opening !
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