Nifty 50 Index
Long

NIFTY Trade Setup for Wednesday (04-Dec-2024)

79
NIFTY
Key Notes:
  • NIFTY FUTURES OI Data is Bullish Bias.
  • Previous day, Price closed at Demand (M15) zone.
  • Price is looking for Buy Stops at the premium zone.
  • There are cluster of Institutional bearish reference levels to hold the price.
  • If there is a gap up opening today, price must break the bearish reference level.
  • If price fails to break even with gap up, Price will like to take U turn from bearish levels.

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