Nifty Trading Strategy – 19th February 2025
Buy Setup:
Enter a buy position if the 1-hour candle closes above 23,029.
Once this level is breached and sustained, the market may gain momentum towards the following targets:
Target 1: 23,073
Target 2: 23,116
Target 3: 23,160
A stop-loss can be placed below the breakout candle’s low for risk management.
Sell Setup:
Enter a sell position if the 15-minute candle closes below 22,800.
A confirmed breakdown below this level could push prices towards the following downside targets:
Target 1: 22,773
Target 2: 22,729
Target 3: 22,660
A stop-loss can be placed above the breakdown candle’s high to manage risk.
Disclaimer:
I am not SEBI registered, and this analysis is for educational and informational purposes only. It should not be considered financial advice. Trading in the stock market involves significant risks, and past performance does not guarantee future results. Please conduct your own research or consult a qualified financial advisor before making any trading decisions.
Enter a buy position if the 1-hour candle closes above 23,029.
Once this level is breached and sustained, the market may gain momentum towards the following targets:
Target 1: 23,073
Target 2: 23,116
Target 3: 23,160
A stop-loss can be placed below the breakout candle’s low for risk management.
Sell Setup:
Enter a sell position if the 15-minute candle closes below 22,800.
A confirmed breakdown below this level could push prices towards the following downside targets:
Target 1: 22,773
Target 2: 22,729
Target 3: 22,660
A stop-loss can be placed above the breakdown candle’s high to manage risk.
Disclaimer:
I am not SEBI registered, and this analysis is for educational and informational purposes only. It should not be considered financial advice. Trading in the stock market involves significant risks, and past performance does not guarantee future results. Please conduct your own research or consult a qualified financial advisor before making any 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.
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.