Hello Traders,
30th January is very important day and monthly expiry for Fin Nifty, I have trade plan for you with major 3 resistance and 3 support and 2 buy on dips levels.
I hope this information is useful for your trade plan.
Thankyou,
TFW.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction...
Looking at the structure, I personally don't trust any further upmove for going long until it show some dip whether small or big. Especially when it has major resistances so close while moving upside
Lets see it this affect NIFTY or not, because NIFTY also has 17900 and 18000 as major resistances
trade with proper plan and risk management.
Feel free to comment...
