NIFTY at a make or break situation!
Updated
I had previously shared a NIFTY chart where I had asked to short NIFTY below 17k level with 5 supports underneath. NIFTY has breached all those supports and now standing on Trendline 2.
The link of previous idea is attached underneath.
Now if NIFTY breaches trendline 2 and breaks the latest low level then lower support levels are marked in the chart.
If it reverses from here then my 5 support levels mentions in the previous chart will now become our resistances on the upper move.
Disclamer: My idea is purely for educational purpose and kindly take a trade based upon your risk management. Always book partially and use a strict trailing stop loss.
Learn & Earn,
Dr. Tanya Kumar
The link of previous idea is attached underneath.
Now if NIFTY breaches trendline 2 and breaks the latest low level then lower support levels are marked in the chart.
If it reverses from here then my 5 support levels mentions in the previous chart will now become our resistances on the upper move.
Disclamer: My idea is purely for educational purpose and kindly take a trade based upon your risk management. Always book partially and use a strict trailing stop loss.
Learn & Earn,
Dr. Tanya Kumar
Note
For high probable swing picks, join t.me/EquityResearch_PAC_bot
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.
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