NIFTY ANALYSIS WITH PERFECT SUPPORT AND RESISTANCE WITH IDEA

Hi Traders,

This post is all about the support and resistance posted on Saturday on the community tab with the traded ideas. Had you used them with the idea shownbelow, you could gain today's movement.

Trade Idea Of Nifty Dated 22-11-21

1. If the price opens the gap down below halt 3 and takes resistance of this halt then high probability after being taken out to go down to halt 4.

2. On the contrary, if it opens above halt 3 and takes support then 2 is your target.

3. If the price opens near halt 2 and consolidates between halt 2 and 3 then high chances to go to halt 1.

4. Nifty is weaker than bnf. So try to trade in nifty. if you get a chance to trade downside.

You can see in points 1 and 4 clearly mentioned this fall trade.

Yogesh Vats.