Here are the levels for nifty to trade for tomorrow intraday. as discussed yesterday if we get chance to short at the higher resistance level we can take short trades. and sellers are aggressively present in nifty and compared to bank nifty, nifty is much weaker. now both the indices are moving in opposite direction either the bank nifty should drag the nifty up or the nifty should drag the bank nifty down. mark the fib retracement and take the short side targets.
if the price opens flat and break the day low then we can take the short entry on retest with the volumes confirmation. and if the price huge gap up and breaks the resistance and swing then we can immediately take the long trade as the sellers SL will be placed above that high so if the price moves there all the sellers SL will get hit.
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 flat and break the day low then we can take the short entry on retest with the volumes confirmation. and if the price huge gap up and breaks the resistance and swing then we can immediately take the long trade as the sellers SL will be placed above that high so if the price moves there all the sellers SL will get hit.
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.