Nifty Live Intraday Updates For 11-12-23 !
Nifty important levels to watch are as follows
#Support: 20930
Sell below: 20930 only on 15 minute candle closure below the level.
Target 1: 20885
Target 2: 20850
Target 3: 20800
#Resistance: 21010
Buy Above: 21010 only on 15 minute candle closure Above the level.
Target 1: 21050
Target 2: 21095
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#Support: 20930
Sell below: 20930 only on 15 minute candle closure below the level.
Target 1: 20885
Target 2: 20850
Target 3: 20800
#Resistance: 21010
Buy Above: 21010 only on 15 minute candle closure Above the level.
Target 1: 21050
Target 2: 21095
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Comment:
nifty according to 1 min timeframe. decisive upward movement can be expected only above 21020.
nifty according to 1 min timeframe. decisive upward movement can be expected only above 21020.
Comment:
a demand zone is plotted in green rectangle, a downward movement can be expected only below the demand zone.
a demand zone is plotted in green rectangle, a downward movement can be expected only below the demand zone.
Comment:
Trade closed manually
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Disclaimer: All the Views are purely for educational purpose.
Join Our free telegram channel for more detailed market views.
For Fully automated algo trading contact us:
t.me/investyourasset
Disclaimer: All the Views are purely for educational purpose.
Market remains robust, with a propensity to absorb dips. Caution advised against shorting for extensive targets or prolonged holding of shorts. Stay agile and capitalize on potential buying opportunities. 📉📈
✅NIFTY finds strong support at 20850-20900; Weekly candle signals Bullish Marubozu. BANKNIFTY achieves historic daily and weekly closes with Bullish Marubozu.
🔍 Open Interest:
- Support evident below 20900.
- 21000 marks highest OI (resistance).
- Breakthrough could lead to minimal resistance.
📉 PCR (Put/Call Ratio):
- PCR at 1.0, indicating a bullish sentiment.
💼 FII Activity:
- Options: 40k calls bought, 85k puts bought (Net negative).
- Futures: FII invests 350 Crores (Mildly bullish).
- Stocks: FII buys 3600 Cr worth (Bullish).
Stay tuned for dynamic market movements! 🚀