MasterGaurav

Nifty 50 IntraDay Chart Analysis 25th July 2023

MasterGaurav Updated   
NSE:NIFTY   Nifty 50 Index
If Opening Flat - Between Range = 19653 to 19780 .

* After Consolidation of minimum 25-30 minutes in the Flat range if candle closes above 19780 then 1st Target is 19815 and 2nd Target is 19843.

* After Consolidation of minimum 25-30 minutes in the Flat range if candle closes below 19653 then 1st Target is 19600 and 2nd Target is 19571.

* I will avoid trading in the Flat zone.
Comment:
* IndiaVix is around 10% Negative + candles are between first 15 minute candle's range - Currently Should avoid any Bullish trades.
Comment:
I said I will avoid trading in the Flat Zone because market is mostly volatile in this Zone therefore there are High chances of hitting SL.
Comment:
* Trade lena hai isliye kahi bhi trade mat lo.

* jyada der tak agar flat range me ghum raha hai iska matlab upar se Call Sellers
aur Niche se Put Sellers active ho rahe hai. As a result, NIfty will
Consolidate and jis side bhi Breakout dega waha pe opposite view wale traders
ke SL hit hone lagenge.

* Aaj agar consolidation hota hai aur Breakdown with retest hoke OR 1 Candle
Close hoti hai to I will be happy to take the Trade BUT agar consolidation ke bad
upper side ko Break hota hai to I will Trade with Minimum QTY.

* Currently Nifty is in the Flat Zone so Volatility will be High.

* Save your Capital by not taking any trade wait for Proper Consolidation
near Support Zone.
Comment:
Comment:
Comment:
Comment:
Let the Candle Close below 19653
Trade closed manually
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.