Nifty Trading Strategy for 19th December 2024
Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 24,315
Sell Below: The low of the 15-minute candle that closes below 24,125
Targets:
Upside Targets: 24,444, 24,533
Downside Targets: 24,010, 23,950, 23,850
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 24,315, aiming for targets of 24,444 and 24,533.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 24,125, aiming for targets of 24,010, 23,950, and 23,850.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 24,315
Sell Below: The low of the 15-minute candle that closes below 24,125
Targets:
Upside Targets: 24,444, 24,533
Downside Targets: 24,010, 23,950, 23,850
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 24,315, aiming for targets of 24,444 and 24,533.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 24,125, aiming for targets of 24,010, 23,950, and 23,850.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified 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.