Indice NIFTY 50Long
NIFTY 50 24th DECEMBER 2024
Stop-Loss (Red Zone)(23680):
Your stop-loss is set below the recent swing low, which is a good strategy as it protects against potential downside movement if the price reverses.
Entry Zone:(23770)
It seems you are entering a long position (buy) in a consolidation phase after the price formed a possible higher low. This suggests you expect the price to move up toward the targets.
Target Levels (Green Lines):
1st Target (23,920.70):
This is a reasonable target, as it aligns with a previous resistance zone (from the left side of the chart). If the price reaches this level, a partial profit booking strategy can be applied.
2nd Target (23,973.75):
This is just above the 1st target, closer to the next resistance level. It's a logical continuation of the trend if momentum sustains.
3rd Target (24,009.20):
Your stop-loss is set below the recent swing low, which is a good strategy as it protects against potential downside movement if the price reverses.
Entry Zone:(23770)
It seems you are entering a long position (buy) in a consolidation phase after the price formed a possible higher low. This suggests you expect the price to move up toward the targets.
Target Levels (Green Lines):
1st Target (23,920.70):
This is a reasonable target, as it aligns with a previous resistance zone (from the left side of the chart). If the price reaches this level, a partial profit booking strategy can be applied.
2nd Target (23,973.75):
This is just above the 1st target, closer to the next resistance level. It's a logical continuation of the trend if momentum sustains.
3rd Target (24,009.20):
Clause de non-responsabilité
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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.