Nifty 50 Index
Short

NIFTY 18/05/23

1 131
Here are the levels for nifty to trade for tomorrow intraday. if price opens gap up then we may see inside candle on the daily TF. now i am not looking for any long trades. i only look for the short trades if the bearish patterns formed i will take entry near my levels with other confirmations. if the price looks strong it is better to take long positions in bank nifty rather than in nifty. tomorrow is expiry so trade in next week contracts with proper SL and target. it is better to wait for pull back then we can take the short trades near the resistance if any bearish patterns formed.
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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