Dear Friends,
Nifty Important Levels :
Last Traded Price- 19730
Immediate Resistance- 19773-19784
Immediate Support- 19729-19718
Target after Breaking Resistance:
Target 1 : 19834-19824
Target 2 : 19878-19890
Target after Breaking Support:
Target 1 : 19684-19675
Target 2 : 19635-19626
NOTE:
1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Trade using 15 minutes, 5 minutes or 3 minutes candles. Higher the time frame of candle, higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Nifty Important Levels :
Last Traded Price- 19730
Immediate Resistance- 19773-19784
Immediate Support- 19729-19718
Target after Breaking Resistance:
Target 1 : 19834-19824
Target 2 : 19878-19890
Target after Breaking Support:
Target 1 : 19684-19675
Target 2 : 19635-19626
NOTE:
1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Trade using 15 minutes, 5 minutes or 3 minutes candles. Higher the time frame of candle, higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
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.
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.