NIFTY INTRADAY LEVELS FOR 31/07/2023

Updated
BUY ABOVE - 19660
SL - 19630
TARGETS - 19700,19760,19820

SELL BELOW - 19610
SL - 19640
TARGETS - 19560,19520,19470

Previous Day High - 19700
Previous Day Low - 19560


I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.

Please NOTE: this levels are for intraday trading only.

Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.


Request your support and engagement by liking and commenting & follow to provide encouragement

HAPPY TRADING 👍
Note
NIFTY - SGX Nifty is still trading around 19800 levels, If NIFTY opens near the 18900 level trend line is acting as resistance, so if NIFTY faces resistance at the trend line and forms a double top pattern or any other price action pattern at this level market can come down, so at that time we can plan for a Put option trade, or if NIFTY breaks the trend line and moves upside sellers at the swing high will exit from the trade so the range for NIFTY to make further upside movement is less compared to the downside, so the space is good at the bottom levels and if sellers exit from the trades no other stop loss hunting levels in the market considering these two thing we can plan for a Put option trade when market reverses. If NIFTY opens flat or opens near 0.5% levels and continues the movement towards the upside we can plan for a Put option trade,
Trade closed: target reached
Trade activated at 10:05am
Now Reached its 1st Target - 19700
snapshot
Trade closed: target reached
Today nifty taken rejection exact from the trendline
we discussed this yesterday's Strategy
snapshot
Chart PatternsIndicesintradaylevelsniftypredictionniftytradesetupniftytrendoptionsstrategiestechincalanalysistradingTrend AnalysisWave Analysis

Also on:

Related publications

Disclaimer