Nifty Support and Resistance Levels for 15th Jan Wedenesday

Jan 15

Nifty key levels:-

Resistance :- 23260-23275

If sustains above resistance long for the targets of 23300,23350,23400.

Support :-23150

If sustains below support short for the targets of 23100,23075,23000.

In between support and resistance avoid trading or trade extremes of resistance and support look for rejections on those levels to play reversals.

Educational purpose only do your own research before taking entries.

Jan 15

Trade active

Trade short entry made opened right on resistance yesterday at 11 am around from same area it got rejected and previous day high also acts as resistance sellers active here.

Jan 15

Trade closed: target reached

Target Achieved till support area mentioned above i do not think it will continue more to downside unless proven otherwise will look another entry depending on market moves.

Jan 15

Note

Moved in same range of prior day