NIFTY will open gap down today. After opening important level for today's session is 17430 level. In case NIFTY starts trading below this level then there will be strong fall possible upto 17320- level. Expected some correction above 17480 level. For today's session upside 17580 will act as a strong resistance.
Nifty opened with Gap-up near our Buy level but couldn't sustain and we saw a sharp selling due to weak global cues though we saw a sharp recovery in the last hour.
For tomorrow if Nifty sustains above 17800 in the morning we may see an up-move for 40-80 points and 17900 would act as a resistance zone. Tomorrow can be another volatile day for Nifty so trade with...
As Describe In Chart
Support And Resistance
Lines Plot On Chart.
Once You Buy or Sell
Then Always Book Partial Profit.
Do Not Wait For Final Target.
Note: As We Seen Today After Opening Market Continue Sell Off In That Case Wait For Sometime To Take Entry In Either BUY Or SELL Side.
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop...
My pervious Nifty's post title was: " Avoid Short Trade in Nifty"
As I have mentioned in that post Nifty made low near 10750, took support from it's demand zone and closed at day's high near its supply zone.
My Next Week view:
--- According to the demand and supply zones, Nifty closed near it's supply zone @ 10925-10985. So whenever it will sustain above this...
This for Analysis only and not a trade recommendation:-
Looks like the Indicator has worked absolutely perfect matching the arows, next immediate support being 10630 (nearby +/- 50 points) and the next move Maybe UP Side and Nifty go up side,than next few day Nifty touch 10800,10900,10950 level
NIFTY not support Indicator and trend line ,and Broke the trend...