Nifty is continuously making higher high and higher lows since past few weeks, now nifty is very close to all time high. However, we have seen minor profit booking at the top on 19-06-2023.
If nifty crosses the all time high, the immediate targets can be 18960, 19000 levels.
if nifty is able to cross the buying zone marked in green box on the chart, we may witness further downside. The immediate supports on the downside are marked in green line on the chart.
trade only on breakout or breakdown on either side. before that focus on scalping.
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Disclaimer: This is just a view for educational purpose, follow your trading setup and research before initiating any trade according to this view.
If nifty crosses the all time high, the immediate targets can be 18960, 19000 levels.
if nifty is able to cross the buying zone marked in green box on the chart, we may witness further downside. The immediate supports on the downside are marked in green line on the chart.
trade only on breakout or breakdown on either side. before that focus on scalping.
Follow us for more such information !!
Disclaimer: This is just a view for educational purpose, follow your trading setup and research before initiating any trade according to this view.
Comment:
very close to breach the support...keep an eye, wait for candle closing.
Trade closed: stop reached
