NSE:NIFTY   Nifty 50 Index
Hello Traders,

If Market Opened as a-

GAP-UP: Support of Resistance (BUY) – Rejection of PDH (SELL)

FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)

GAP-DOWN: Support of IMP (BUY) – Rejection of PDL (SELL)
Happy Learning and Trading.

Rules to fallow...

1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.

Please take the trade according to the levels marked, with Risk-Reward.

This is not Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.

NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.

I hope you all like my analysis.
Please do share your thoughts in comment section.

Please hit a like , it motivates me to do analysis and do share with your trading friends.

PDH -> Previous Day High
PDL -> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
SH -> Swing-High
GAP -> The area b/w Previous Day Close and Today Open


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.