NumroTrader

Nifty Spot Chart Analysis for Today, 24 Jan., for Options Trade

NSE:NIFTY   Nifty 50 Index
πŸ“Š Nifty Spot Analysis - Technical Levels πŸ“ˆ Seizing Opportunities in Nifty Trading! πŸ’ΉπŸ“Š
Day Range: 557.65 Points πŸ“Š
Trade Setup:

Buy at: 21537.23 πŸ“ˆ
Targets: 21582.88 πŸš€, 21795.9 🎯
Add one lot at: 21471.42 πŸ”„
❌ Buyer Stoploss: 21395.62 β›”

Sell at: 21405.62 πŸ“‰
Targets: 20893.62 🎯, 20680.6 πŸ”½
❌ Seller Stoploss: 21547.23 β›”

πŸ” Analysis:
Nifty Spot presents intriguing prospects with a buy entry at 21537.23, targeting 21582.88 and 21795.9. Add one lot strategically at 21471.42 for potential gains, while safeguarding your position with a stoploss at 21395.62. Conversely, the sell entry at 21405.62 opens the door to targets at 20893.62 and 20680.6, with a protective stoploss at 21547.23.

πŸ’‘ Strategy Tips:

Employ precise risk management with specified stop-loss levels.
Stay updated on market trends and key news events.
Act promptly based on real-time price movements.

πŸ“Š Day Range Insights:
A substantial day range of 557.65 points implies heightened intraday volatility in Nifty. Be prepared for potential fluctuations within this range.

🌐 Happy Trading! πŸ“ˆβœ¨

Remember, trade wisely and conduct thorough research. Best of luck with your Nifty trades! πŸ“ŠπŸ“ˆβœ¨

Seasoned index & commodity trader with excellent technical analysis skills.

Let's connect for daily intraday and weekly levels t.me/numrotrader
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