Nifty is in uptrend as long as it above 24250. Buy above 25435 or if Nifty falls then wait for retracement or green candle above 24250 in one hour time frame and buy above the high of the green candle
Sell below the low of the candle which closes below 24250 in one hour time frame.
Disclaimer. I am not a SEBI registered analyst. The above is only for Educational Purpose.
Note
TRADING SETUP FOR 17/9/2024
BUY ABOVE 20445
SELL BELOW 25300
In my view Nifty seems to be in Uptrend as long as it is above 24970.
Disclaimer: I am not a sebi registered analyst. The above is for educational purpose.
Note
NIFTY IS IN UPTREND TILL IT IS ABOVE 25000
NIFTY TRADE SETUP FOR 18 SEP 2024.
Indecisive candle with both sellers and buyers equal on both sides of the body of the DAY candle. Waiting for FED rate Decision. As long as Nifty is above 25000, it is Technically long.
Every one expects Nifty to open gap up or gap down tomorrow, But if fed cuts interest by 0.25 basis points then there will not be any major reaction.
With American elections nearing, FED will not do anything That will affect the capital markets.
Disclaimer: I am not a SEBI registered analyst. This is only for Educational Purpose.
Note
Nifty levels for 20th sep 2024
Buy above 25510
sell below 25300
Disclaimer.
I am am not a sebi registered analyst.
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