Indice NIFTY 50

Nifty intraday Trade setup for monday 2nd december 2023

181
1. If market open gap up near resistance area (18160 to 18180 ) watch for reversal and if price consolidate near resistance and gives breakout go for the target of 18257 and 18313

2. Best Condition is if market opens flat ( 18132 to 18080 ) after consolidating for 5 min market goes in whichever direction sit in the trade breakout targets are 18165, 18204 , 18257
breakdown targets are 18025 , 18000 , 17962.

3. If market opens gap down near 18000 wait for price action or reversal patter because 18000 to 17962 is a major support

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