NIFTY Disclaimer: All the mentioned view and analysis is NOT an Investment or any kind for financial advice. These levels are just for educational purpose.
We have continuously seen some Bearishness / Profit Booking in Nifty 50 Since past two weeks in the smaller timeframe.
Since Nifty 50 is Bullish in the Higher timeframe we consider bearish movement in the smaller timeframe just a correction and Bull try to take advantage by entering in these situations.
So Keeping ourself ready for upside as well as downside movement i have marked all the probable important levels for the week.
I will keep these level up to date throughout the week and in case today we see major gap up or gap down then I'll also publish REVISED LEVELS in the upcoming sessions.
I will drop some important levels in the MINDS section, so do subscribe to get yourself notified about the important updates as soon as possible.
I would recommend you to club these levels with your existing knowledge and style of trading to get maximum benefit out of it.
Note
Be cautious in the lower levels there might be a chance of revesal.Every profit booking area is very important area, be careful in that area.Note
19311-19298 Current Resistance areaNote
Posted a probable short trade in the mind section.Note
Important Intraday levels for 22nd August 2023Note
Important Intraday levels for 22nd August 2023Note
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.