Nifty trade Setup for 02-08-2023
Updated
Nifty important intraday levels to watch for 02-07-2023
#Support: 19710
Short if candle closes below 19710
#resistance: 19765
Long if candle closes above 19765
#Targets on downside after break of support.
Target 1= 19630
Target 2= 19560
#Targets on upside after break of resistance.
Target 1= 19820
Target 2= 19865
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: 19710
Short if candle closes below 19710
#resistance: 19765
Long if candle closes above 19765
#Targets on downside after break of support.
Target 1= 19630
Target 2= 19560
#Targets on upside after break of resistance.
Target 1= 19820
Target 2= 19865
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
Gapdown opening ...Note
low made 19567
Note
achieved second target too !!! Follow us for more such information everyday. And give it a like if you appreciate the idea.
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