Here are the levels for nifty to trade for tomorrow intraday. here today we seen the upside rally in the second half of the market the move is because of the short covering. i used the fib extension for the up side levels and marks these as well. 18000 level will be the strong resistance so if may be the price opens flat or gap up and move up side with out any retracement and near the 18000 level if the price forms any bearish reversal pattern then we can take the short side trade and take the trade in 15min TF for double confirmation as the price is in strong uptrend. and at the higher better we can avoid the long trade at the higher levels. if the price retraces down near to the 17850 level and form any bullish structure then we can take the long trade or if the price consolidates in the region for 3hrs atleast then we can take the long trade with the volumes confirmation on the break of the region.
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.
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.
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.
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.