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Simple Trade Setup | NIFTY | 08-08-2022 [INTRADAY]NSE:NIFTY Trade Setup for 08-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Nifty spot chart analysis for 05.08.2022Nifty is standing just below a strong resistance of 17393. if nifty crosses above 17393 then it may also cross 17442 and may reach to the level of 17489. between 17489 to 17535 is an Extremely strong resistance. if nifty crosses over 17535 then it may reach to the level of 17586. if nifty moves down below 17340 then it may also cross 17292 and may reach to the level of 17238. if nifty moves down below 17238 then it may also cross 17182 and may reach to the level of 17125. If nifty crosses down 17125. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17586 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 03.08.2022Nifty is standing just below a strong resistance zone of 17340 to 17393. if nifty crosses above 17393 then it may also cross 17442 and may reach to the level of 17489. between 17489 to 17535 is an Extremely strong resistance. if nifty crosses over 17535 then it may reach to the level of 17586. if nifty moves down below 17340 then it may also cross 17292 and may reach to the level of 17238. if nifty moves down below 17238 then it may also cross 17182 and may reach to the level of 17125. If nifty crosses down 17125. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17586 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 27.07.2022Nifty is standing just above a strong support of 16482. if nifty moves above from where it left off then it may also cross 16543 and may reach to the level of 16612. between 16612 to 16668 is an Extremely strong resistance. if nifty crosses over 16668 then it may also cross 16722 and may reach to the level of 16780. . if nifty moves down below 16482 then it may also cross 16423 and may reach to the level of 16372. if nifty moves down below 16372 then it may also cross 16320 and may reach to the level of 16266. If nifty crosses down 16266. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16780 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 26.07.2022Nifty is standing below strong resistance of 16668. if nifty crosses over 16668 then it may reach 16722. between 16722 to 16780 is an Extremely strong resistance. if nifty crosses over 16780 then it may also cross 16840 and may reach to the level of 16892. . if nifty moves down below 16612 then it may also cross 16543 and may reach to the level of 16482. if nifty moves down below 16612 then it may also cross 16543 and may reach to the level of 16482. If nifty crosses down 16423. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16840 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 21.07.2022Nifty is standing below strong resistance of 16543. Nifty is standing below strong resistance of 16543. between 16612 to 16668 is an Extremely strong resistance. if nifty crosses over 16668 then it may also cross 16722 and may reach to the level of 16780. . if nifty moves down below 16482 then it may take support on 16423, 16423 is a strong support. if nifty moves down below 16482 then it may take support on 16423, 16423 is a strong support. If nifty crosses down 16320. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16840 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 19.07.2022Nifty is standing in between 16266 to 16320. if nifty crosses over 16320 then it may also cross 16372 and may reach to the level of 16423. between 16423 to 16482 is an Extremely strong resistance. if nifty crosses over 16482 then it may reach to the level of 16543. . if nifty moves down below 16266 then it may take support on 16210, 16210 is a strong support. if nifty crosses below 16210 then it may also cross 16158 and may to the level of 16100. If nifty crosses down 16100. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16543 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 12.07.2022Nifty is standing just above strong support of 16210. if nifty moves up from where it left off then it may also cross 16266 and may reach to the level of 16320. between 16320 to 16372 is an Extremely strong resistance. if nifty crosses over 16372 then it may also cross then it may also cross 16423 and may reach to the level 16482. . if nifty moves down below 16210 then it may take support on 16158 , 16158 is a strong support. if nifty crosses below 16158 then it may also cross 16100 and may to the level of 16044. If nifty crosses down 16044. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16479 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 06.07.2022Nifty is standing just below strong resistance zone of 15829 to 15880. if nifty crosses 15880 then it may also cross 15931 and may reach to the level of 15980. between 15980 to 16044 is an Extremely strong resistance. if nifty crosses over 16044 then it may reach to the level of 16100. . if nifty moves down below 15777 then it may take support on 15723 , 15723 is a strong support. If nifty crosses down 15663. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16100 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty Spot Chart analysis for 05.07.2022Nifty is standing inside a strong resistance zone of 15829 to 15880. if nifty crosses 15880 then it may also cross 15931 and may reach to the level of 15980. between 15980 to 16044 is an Extremely strong resistance. if nifty crosses over 16044 then it may reach to the level of 16100. . if nifty moves down below 15829 then it may take support on 15777 , 15777 is a strong support. if nifty crosses below 15777 then it may also cross 15723 and may to the level of 15663. If nifty crosses down 15663. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16100 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway