Nifty Intraday support and resistance for 27-Dec-2022
Black line - Friday Closing
Blue lines - Daily Range
Yellow lines - Weekly range
Violet line - Monday Opening
Note -Important to track 15 minute opening candle and VIX. If Nifty is moving above first 15 minute High and VIX is cooling down, we can look for Long trade. If Nifty is moving below first 15 minute Low along VIX is increasing, we can look for Short trade.
Black line - Friday Closing
Blue lines - Daily Range
Yellow lines - Weekly range
Violet line - Monday Opening
Note -Important to track 15 minute opening candle and VIX. If Nifty is moving above first 15 minute High and VIX is cooling down, we can look for Long trade. If Nifty is moving below first 15 minute Low along VIX is increasing, we can look for Short trade.