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Niftyindia

Nifty-03/11/2022-LevelsHello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-03/11/2022-Levels IMPORTENT ZONE FOR THE DAY : 17950 - 18000 Possibilities of Today market open... Possibility 3: GAP-DOWN Most of the Global markets are closed in RED, so our markets also open in red with average 150 points in #nifty and 300 points in #banknifty. If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDL and SELL with the Rejection of PDL. (or) If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of PWH and SELL with the Rejection of S@1. _______________________ Happy Learning and Trading Rules to fallow... 1) Trade with Strict Stop Loss. 2) Trade with Small Quantity. 3) Take entries based on Support & Resistance Levels. Please take the trade according to the levels marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries after your own analysis. This is for education purpose and a helping hand to learn trading in market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends. SHORT FORM &FULL FORM ------------------------------- 0.5-> 0.5% Swing PDH-> Previous Day High PDL-> Previous Day Low PDC-> Previous Day Close PDO-> Previous Day Open PWH-> Previous Week High PWO-> Previous Week Open PWC-> Previous Week Close PWL-> Previous Week Low D_S-> Day Support D_R-> Day Resistance W_S-> Week Support W_R-> Week Resistance W_O-> Week Open W_C-> Week Close LW_O-> Last Week Open LW_C-> Last Week Close IMP -> Important R@1, R@2,R@3... ->Resistance-Zones S@1, S@2,S@3... ->Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> Triple Bottom TF -> Time Frame BO -> Break-Out RR -> Risk-Reward SL -> Stop-Loss GAP -> The area b/w Previous Day Close and Today Open Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
NSE:NIFTY
by SriTrader5121
Nifty daily analysis for 03/11/22Nifty today has taken a halt on the high level. Sgx nifty currently is trading flat. The market opened near yesterday’s high and came for selling from the initial hour. Nifty is holding the level of 18070. It closed just 60 points lower. On 15 minute time frame, the market crossed 20 ema and took resistance from the level. Support:- 18000-20, 17950, 17900 Resistance:- 18175, 18175 Wait for the price action near the levels before trading the markets.
NSE:NIFTY
by Mambotrade