FINNIFTY LEVELS 26TH OCTOBER 2023
Dear Friends,
Fin-Nifty Important Levels :
Last Traded Price- 19225
Immediate Resistance- 19274-19284
Immediate Support - 19212-19203
Target after Breaking Resistance:
Target 1: 19340-19352
Target 2: 19410-19423
Target after Breaking Support:
Target 1: 19212-19203
Target 2: 19064-19051
NOTE:
1: For the candle that has broken resistance or support, let it close before taking a trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Trade using 15 minutes, 5 minutes, or 3 minutes candles. The higher the time frame of the candle, the higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Fin-Nifty Important Levels :
Last Traded Price- 19225
Immediate Resistance- 19274-19284
Immediate Support - 19212-19203
Target after Breaking Resistance:
Target 1: 19340-19352
Target 2: 19410-19423
Target after Breaking Support:
Target 1: 19212-19203
Target 2: 19064-19051
NOTE:
1: For the candle that has broken resistance or support, let it close before taking a trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Trade using 15 minutes, 5 minutes, or 3 minutes candles. The higher the time frame of the candle, the higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.