Indice NIFTY 50

Nifty Trading Strategy for 17th December 2024

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Nifty Trading Strategy
Key Levels:
Buy Above: The high of the candle which closes above 24,730 on a 15-minute chart
Sell Below: The low of the candle which closes below 24,555 on a 15-minute chart

Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,730 on a 15-minute time frame.

Sell Signal: Enter a sell position below the low of the candle that closes below 24,555 on a 15-minute time frame.

Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.

Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.

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