IIT-Trader

NIFTY--Gapup or Gapdown??

IIT-Trader Updated   
NSE:NIFTY   Nifty 50 Index

Price is exactly closed at trendline resistance... which is also a strong resistance...
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support
Comment:
exit long in nifty below 19680
Comment:
Comment:
testing the zone at 19680...

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