Nifty - Intraday
🔰Educational Purpose
Nifty💚
Today Nifty is created Doji on Day candle, It means market taking pause or rest
RSI level again near to 71-72, From Jan 21 we were not able to Sustain/cross 72 on day chart.
🔰 Intraday View:-
Flat Opening(near closing)
Wait for 15min Candle Closing above 16340 then enter in CE position
if came down after opening flat towards 16230,
16220-16230 is support for Nifty if get any buying signal here then buy with Strict 30 points SL
Gap up - above 16330
if opens above level then nifty can travel further more upside towards 16360 16400
& any dip towards 16290 is buying opportunity.
Gap down-
For gap down scenarion 16220 is LOC if closed below this level, then n then we can expect some futher down side 16180 16130 level.
Note - Put Strict SL in any condition*
If you find it useful please like and comment.
Nifty💚
Today Nifty is created Doji on Day candle, It means market taking pause or rest
RSI level again near to 71-72, From Jan 21 we were not able to Sustain/cross 72 on day chart.
🔰 Intraday View:-
Flat Opening(near closing)
Wait for 15min Candle Closing above 16340 then enter in CE position
if came down after opening flat towards 16230,
16220-16230 is support for Nifty if get any buying signal here then buy with Strict 30 points SL
Gap up - above 16330
if opens above level then nifty can travel further more upside towards 16360 16400
& any dip towards 16290 is buying opportunity.
Gap down-
For gap down scenarion 16220 is LOC if closed below this level, then n then we can expect some futher down side 16180 16130 level.
Note - Put Strict SL in any condition*
If you find it useful please like and comment.
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.