Nifty Institutional levels | Intraday 14-JUNE-2024 | 9:15 IST1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
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Indexoption
Bank Nifty Support Resistance 18Sept2023 As Per Techincal Analysis Market On Week High and as per day candel also markets at high levels
As Per My Point Of View Market Need to Retest Downside Againt or Wait 2 3 days then breakout will be strong otherwise market can fall.
Support Resistance For Tomorrow
If the Market Opens Gapup Above 46315 then wait for sustenance or wait for retest previous day closing 46154.
If Market sustenance above 46300 and Close a Green 15Mint Candel Then We can Go at Bullish Side
For the Downside Market needs to Break 46000 Then a Downfall is Possible upto 46853-46814 For the Downside Market have to much resistance.
Support Levels: 46150/46000/45853
Resistance if market open Gapdown then 46315
Support Resistance AS PER OI Data
Big Support = 46000
Big Resistance 46500
But Minor resistance at 46200/46300
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