Nifty trade Setup for 07-08-2023
Updated
Nifty important intraday levels to watch for 07-07-2023
#Support: 19485
Short if candle closes below 19485
#resistance: 19550
Long if candle closes above 19550
#Targets on downside after break of support.
Target 1= 19440
Target 2= 19380
#Targets on upside after break of resistance.
Target 1= 19660
Target 2= 19730
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Queries will be answered in comment section.
#Support: 19485
Short if candle closes below 19485
#resistance: 19550
Long if candle closes above 19550
#Targets on downside after break of support.
Target 1= 19440
Target 2= 19380
#Targets on upside after break of resistance.
Target 1= 19660
Target 2= 19730
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
Note
keep trailing the stoploss.
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