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Nifty Trade Setup for 12-07-2023

NSE:NIFTY   Nifty 50 Index
Nifty Important intraday levels to watch for 12-07-2023


#Support: 19420
Short if candle closes below 19420

#resistance: 19460
Long if candle closes above 19460


#Targets on downside after break of support.
Target 1= 19360-19350
Target 2= 19300

#Targets on upside after break of resistance.
Target 1= 19500-19525
Target 2= 19585


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Comment:
Market opened gap-up around our first target level, which is also a resistance.

faced rejection and currently trading near support. Lets watch further price action patiently. Anyone who is trading strictly follow the levels and keep trailing SL as per your risk appetite.

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