Nifty TradeSetup For 08-08-2023

Nifty important intraday levels to watch for 08-08-2023


#Support: 19570
Short if candle closes below 19570

#resistance: 19620
Long if candle closes above 19620


#Targets on downside after break of support.
Target 1= 19530
Target 2= 19460

#Targets on upside after break of resistance.
Target 1= 19680
Target 2= 19735


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.

Comment:

Negative start of the day.

Comment:

close to its support. wait patiently and take entry only when breakdown below support marked.

Comment:

low made 19535 after break of support. almost achieved target 1

Trade closed manually