InvestyourAsset

Nifty Expiry TradeSetup for 05-10-23

NSE:NIFTY   Nifty 50 Index
Nifty important levels to watch are as follows

#Support: 19400

Sell below: 19400 only on 15 minute candle closure below the level.
Target 1: 19345
Target 2: 19275
Target 3: 19220


#Resistance: 19456

Buy Above: 19456 only on 15 minute candle closure Above the level.
Target 1: 19530
Target 2: 19590
Target 3: 19650


=> # 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.
Comment:


nifty demand and supply zones according to 1 min chart. Breakout on either side is necessary to grab a momentum.
Comment:

just look at the blast now !
Comment:
Trade closed manually

WhatsApp : 8766668446

Join Our free telegram channel for more detailed market views.

For Fully automated algo trading contact us:

t.me/investyourasset


Disclaimer: All the Views are purely for educational purpose.
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.