Nifty 50 Index

NIFTY 04/05/23

572
Here are the levels for nifty to trade for tomorrow intraday. on daily TF we can see price formed a hammer candle stick pattern by the formed today we can see buyers are still present. tomorrow is an expiry so trade cautiously and last 2 days we have seen the price is sideways so tomorrow might be a trending so take a position according to the trend. and don't enter the trade as soon as it opens wait for the price action and take entry either on the break down and breakout on the either side. tomorrow we can take the short trade as well and mark the fib levels for target only and don't take entry based on these levels. if the price breaks the grey shadow zone which is 0.618 level on the daily TF if the price closes above the zone then we can go for the long side entries.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.

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