#NIFTY50
today we might see gap down as per SGX nifty data suggest , intraday postion will be very tricky to tell in pre market .
But 17000 -16950 is high resistance zone for today intrday day , if you get nifty in opening 30 min you can create a short postion with 17130 as SL , you will get good RR
or wait for market to create a range then build your postion accordindly
if nifty open below 16900 then we have a very small room for intraday
Many things to considered for today , mainly mutli timeframe view is important
I have given levels in chart for your reference
today we might see gap down as per SGX nifty data suggest , intraday postion will be very tricky to tell in pre market .
But 17000 -16950 is high resistance zone for today intrday day , if you get nifty in opening 30 min you can create a short postion with 17130 as SL , you will get good RR
or wait for market to create a range then build your postion accordindly
if nifty open below 16900 then we have a very small room for intraday
Many things to considered for today , mainly mutli timeframe view is important
I have given levels in chart for your reference
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.