#Nifty Trading Important levels
On 1 Day Timeframe, NIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Nifty.
Breakdown Move
- Confirmation for breakdown will be if Nifty starts trading and sustain below 23030 level
- Downside rally nearly 800 points expected in case of breakdown
- Intermediate support expected near 22475- level
- Short Trader can place there stop loss if Nifty starts trading above 23182 level
Breakout move
- Long side movement expected in case Nifty starts trading and sustain above 23182 level
- Above this level Nifty can go upto the 24220+ level.
- Intermediate resistance expected near 23850 level
- Long trader can place there stop loss if Nifty starts trading below 23030 level.
Breakdown Move
- Confirmation for breakdown will be if Nifty starts trading and sustain below 23030 level
- Downside rally nearly 800 points expected in case of breakdown
- Intermediate support expected near 22475- level
- Short Trader can place there stop loss if Nifty starts trading above 23182 level
Breakout move
- Long side movement expected in case Nifty starts trading and sustain above 23182 level
- Above this level Nifty can go upto the 24220+ level.
- Intermediate resistance expected near 23850 level
- Long trader can place there stop loss if Nifty starts trading below 23030 level.
Visit: bit.ly/tradzoopage
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Visit: bit.ly/tradzoopage
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Related publications
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.