Nifty Intraday levels and Setup 29/Sep/2023

Sep 29, 2023

Good Morning Traders,

It was a hilarious day for nifty yesterday, after opening that has never went back for upside, well guy's after Sharp fall nifty has broken important support zone 19600 and went down even lower than that, at some point it was showing huge bearishness when it touches 19500 levels, but it has respected the levels and closed above. For today i am gonna to try buying in nifty for some upsie, as global market looking green today, So i have already given a range of buying. I wanna go with given stop loss in that. If Nifty give a close above 19600 in today's session then definitely we can expect this area (19500-19600) will again gonna to act like strong support zone in near term.

Important levels for today:-

Buy in the range of 19550-19500.
Keep stop loss at 19374
Go for targets 19602/19660+

Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou

Sep 29, 2023

Note

both target have done,,,
what a rally