Nifty important levels to watch are as follows
#Support: 19145
Sell below: 19145 only on 15 minute candle closure below the level.
Target 1: 19100
Target 2: 19020
#Resistance: 19233
Buy Above: 19233 only on 15 minute candle closure Above the level.
Target 1: 19285
Target 2: 19360-19370
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#Support: 19145
Sell below: 19145 only on 15 minute candle closure below the level.
Target 1: 19100
Target 2: 19020
#Resistance: 19233
Buy Above: 19233 only on 15 minute candle closure Above the level.
Target 1: 19285
Target 2: 19360-19370
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Note
Currently Nifty at 1 min timeframe.
Note
Target 1 hit, Struggling to break the support, A potential short entry is possible if 1 min candle closes below 19090.
Note
19090 to 19081Note
Currently, Nifty is following the trendline resistance plotted on the chart.
A bullish movement can be expected if nifty manages to break the trendline resistance and gives 5 min candle closing above 19110.
however, If nifty fails to break the trendline resistance...we can expect a further price drop from here, potential short entry is possible on 1 min candle closing below day low.
Note
Note
never forget to use SL.
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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.