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InvestyourAsset
Nov 16, 2023 3:59 AM

Nifty Live Intraday Updates for 16-11-23 !! 

Nifty 50 IndexNSE

Description

Nifty important levels to watch are as follows

#Support: 19610

Sell below: 19610 only on 15 minute candle closure below the level.
Target 1: 19560
Target 2: 19485



#Resistance: 19680

Buy Above: 19680 only on 15 minute candle closure Above the level.
Target 1: 19745
Target 2: 19820




=> # 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 Indicators published on tradingview if you find it useful give it a like.

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#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



broken out from the resistance, heading towards the target !

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target 1 achieved after breakout from the resistance.

heading towards target 2

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high made 19808 till now

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both targets achieved !!!

Trade closed: target reached

Trade closed: target reached

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