NSE:NIFTY   Nifty 50 Index
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Possibilities of Today market open...

Possibility 3: GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of IMP and SELL with the Rejection of PDL.
Happy Learning and Trading

Rules to fallow...

1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.

Please take the trade according to the levels marked, with Risk-Reward.

This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.

NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.

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  • 0.5-> 0.5% Swing
  • PDH-> Previous Day High
  • PDL-> Previous Day Low
  • PDC-> Previous Day Close
  • PDO-> Previous Day Open
  • PWH-> Previous Week High
  • PWO-> Previous Week Open
  • PWC-> Previous Week Close
  • PWL-> Previous Week Low
  • D_S-> Day Support
  • D_R-> Day Resistance
  • W_S-> Week Support
  • W_R-> Week Resistance
  • W_O-> Week Open
  • W_C-> Week Close
  • LW_O-> Last Week Open
  • LW_C-> Last Week Close
  • IMP -> Important
  • R@1, R@2,R@3... ->Resistance-Zones
  • S@1, S@2,S@3... ->Support-Zones
  • MS -> Major Support
  • SH -> Swing-High
  • SL -> Swing-Low
  • DT -> Double Top
  • DB -> Double Bottom
  • TT -> Triple Top
  • TB -> Triple Bottom
  • TF -> Time Frame
  • BO -> Break-Out
  • RR -> Risk-Reward
  • SL -> Stop-Loss
  • GAP -> The area b/w Previous Day Close and Today Open
  • Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )


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