Nifty 50 Index

NIFTY 23/05/22

128
Here are the levels for nifty to trade for tomorrow intraday. on daily TF price formed a morning star pattern. and the price is in range bound in higher TF. let wait for the price to break the range to trade or risky traders can take any trades in inside the range in Strict SL and Target. RSI divergence as well.
if the price breaks the 18350 level then we can take the long trade on the retest with the volumes confirmation. or if the price take any rejection then if it breaks the 18290 level then only we can take the short trade or else we can leave the short trade.
if the price opens gap down then if the price breaks down the 18200 level then we can take the short trade with the volumes confirmation.
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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