NIFTY 50 23th DECEMBER 2024
Entry Zone:
The current price is near your entry zone, which aligns with the marked region (around 23,631.35).
Stop Loss (SL):
Your stop-loss level is set at 23,509.60, slightly below the recent low. This placement is logical as it provides room for minor fluctuations while protecting against further downside.
Target Levels:
Target 1: 23,785.25 – This is a conservative and achievable level, slightly above recent resistance.
Target 2: 23,867.30 – A reasonable next target, aligned with stronger resistance.
Target 3: 23,934.80 – This is a more ambitious level, closer to previous highs.
Risk-to-Reward Ratio:
Based on the marked green (reward) and red (risk) zones, your setup seems to have a favorable risk-to-reward ratio. Ensure that this aligns with your trading strategy.
The current price is near your entry zone, which aligns with the marked region (around 23,631.35).
Stop Loss (SL):
Your stop-loss level is set at 23,509.60, slightly below the recent low. This placement is logical as it provides room for minor fluctuations while protecting against further downside.
Target Levels:
Target 1: 23,785.25 – This is a conservative and achievable level, slightly above recent resistance.
Target 2: 23,867.30 – A reasonable next target, aligned with stronger resistance.
Target 3: 23,934.80 – This is a more ambitious level, closer to previous highs.
Risk-to-Reward Ratio:
Based on the marked green (reward) and red (risk) zones, your setup seems to have a favorable risk-to-reward ratio. Ensure that this aligns with your trading strategy.
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.
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.