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
Comment:
TELEGRAM channel t.me/priceactionchart
My telegram @tanya151181
Course details:
tinyurl.com/PAC2COURSE
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
www.youtube.com/@DrTanyaKumar
My telegram @tanya151181
Course details:
tinyurl.com/PAC2COURSE
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
www.youtube.com/@DrTanyaKumar