Nifty Trading Strategy for 12th December 2024
Nifty Trading Strategy
Key Levels:
Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart)
Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart)
Confirmed Uptrend: Only if it breaks decisively above 24,860
Confirmed Downtrend: Only if it breaks decisively below 24,290
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame.
Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Key Levels:
Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart)
Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart)
Confirmed Uptrend: Only if it breaks decisively above 24,860
Confirmed Downtrend: Only if it breaks decisively below 24,290
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame.
Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.