Nifty Trade Setup for 25-10-23
Updated
Nifty important levels to watch are as follows
#Support: 19260
Sell below: 19260 only on 15 minute candle closure below the level.
Target 1: 19210
Target 2: 19160
#Resistance: 19335
Buy Above:19335 only on 15 minute candle closure Above the level.
Target 1: 19380
Target 2: 19435
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#Support: 19260
Sell below: 19260 only on 15 minute candle closure below the level.
Target 1: 19210
Target 2: 19160
#Resistance: 19335
Buy Above:19335 only on 15 minute candle closure Above the level.
Target 1: 19380
Target 2: 19435
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
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nifty at support...
if nifty 5 minutes candle manages to close below the marked support. further downward momentum can be witnessed.
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the chart says it all, as described in the previous snapshot, Nifty achieved target 1 as marked on the chart just the way as it was planned.
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if nifty manages to break below 19207 with 5 minute, we may expect further downfall towards 19180-19175
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Nifty achieved second target too !!
just the way as it was described in previous snapshots.
follow us for more such insightful updates daily in realtime.
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Trade closed: target reached
all the targets reached just as planned !!
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