Indice NIFTY 50
Long

Support at 17800 levels

55
I just found William fractals as a handy tool to spot resistance and support levels. These triangles that you see indicate highs and lows in the chart. I could see 17800 as a critical support level with 50 ema support and previous candle rejection.

Trade Idea
Bullish call spread with RR ratio of 2:1 if there's a gap up with strong bullish candles.

Disclaimer: I am not a SEBI registered advisor. Please place your trades at your own discretion.

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.