Here are the levels for nifty to trade for tomorrow intraday. on the weekly TF we can see a pause candle if the high of the weekly candle breaks we can see nice upside move. on the daily TF price formed a hammer. if the price close strongly above the 18250 level then we can see upside movement.
if the price opens gap up then wait for the pull back and if the price takes any support near the 18220 level then on the formation of the strong bullish candle we can take the long entry. if that level is broken down then on the retest we can take the short side entry as the short term is bearish but take the target as soon.
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.
if the price opens gap up then wait for the pull back and if the price takes any support near the 18220 level then on the formation of the strong bullish candle we can take the long entry. if that level is broken down then on the retest we can take the short side entry as the short term is bearish but take the target as soon.
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.