Immediate Support:
23425 to 23350 area: If this support range holds, you are suggesting a possible long trade. The targets for this long position would be:
23500
23550
23600
23670
Voilation of supports and sustains below 23200 and 23k targets will open up.
Immediate Resistance:
23670 area: This level is critical. You are considering two possibilities here:
Rejection at 23670: If price reverses from this level, it could be an opportunity to short the market.
Breakout above 23670: A breakout would signal a potential long trade, with targets extending up to the next resistance range of 23750 to 23800,23850.
Expected Range for the Week:
450-point range: Expecting Nifty to trade within a range of approximately 450 points unless geopolitical tensions (like the Russia-Ukraine conflict) cause significant market disruption.
This is a well-structured approach with clear levels for both support and resistance, and it effectively accounts for both technical signals and geopolitical risks. Keeping an eye on these levels should help in managing trades this week.
23425 to 23350 area: If this support range holds, you are suggesting a possible long trade. The targets for this long position would be:
23500
23550
23600
23670
Voilation of supports and sustains below 23200 and 23k targets will open up.
Immediate Resistance:
23670 area: This level is critical. You are considering two possibilities here:
Rejection at 23670: If price reverses from this level, it could be an opportunity to short the market.
Breakout above 23670: A breakout would signal a potential long trade, with targets extending up to the next resistance range of 23750 to 23800,23850.
Expected Range for the Week:
450-point range: Expecting Nifty to trade within a range of approximately 450 points unless geopolitical tensions (like the Russia-Ukraine conflict) cause significant market disruption.
This is a well-structured approach with clear levels for both support and resistance, and it effectively accounts for both technical signals and geopolitical risks. Keeping an eye on these levels should help in managing trades this week.
Note
Both support got voilated now retested suscessfully shorting looks good hereTrade fermée manuellement
Trading in the range at most it will check the range high , range low area held and rallied Note
Support voilated yesterday but invalid price came back in to range ,fake breakdown Note
Range high acheived 
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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.
Publications connexes
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.