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rakeshreddym
Mar 9, 2024 7:20 AM

Nifty Support and Resistance levels for Monday 11th March 

Nifty 50 IndexNSE

Description

Nifty Support and Resistance levels to trade with on monday, as we have very tight range close on thursday only above or below of that range breakout could give you a good move.If it stays in that 100 point range try to play reversal on extremes of that ranges.

Ressitance 22535 Break out above targets 22570,22600,22670
Support 22430 Breakdown below targets 22360,22300,22280,22250.

Resistance,support and targets can be reversals area also above and below please check price action on them.

Comment

5 Mins chart for reference

Comment

As mentioned in idea opened in range extreme top rejected entry short below first candle in 5 mins time frame

Comment

50 points gains so far one can bring stop loss to BE or trail till support area tested below

Trade closed: target reached

Comment

As mentioned 22430 broke nice move gave to downside
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