Stop-Loss (Red Zone)(23670): Your stop-loss is set below the recent swing low, which is a good strategy as it protects against potential downside movement if the price reverses. Entry Zone:(23700) It seems you are entering a long position (buy) in a consolidation phase after the price formed a possible higher low. This suggests you expect the price to move up...
Bullish Scenario: If the price stays above 51,250, aim for 51,522.35 as the next target, followed by 51,658.30. A breakout above 51,880.40 could lead to further bullish momentum. Bearish Scenario: If the price falls below 51,204.65, watch for a retest of the green support zone (50,927.55 - 50,879.95).
Stop-Loss (Red Zone)(23680): Your stop-loss is set below the recent swing low, which is a good strategy as it protects against potential downside movement if the price reverses. Entry Zone:(23770) It seems you are entering a long position (buy) in a consolidation phase after the price formed a possible higher low. This suggests you expect the price to move up...
Resistance (Upside Levels): 2415.25 2404.90 2390.75 Support (Downside Levels): 2348.95 2329.40
Resistance (Upside Levels): 2415.25 2404.90 2390.75 Support (Downside Levels): 2348.95 2329.40
1. Support Zones: The red zones (highlighted at levels around 50,777.80, 50,599.65, and 50,595.55) are strong support levels. Price has bounced back from this zone, indicating buying interest. 2. Resistance The green zones (highlighted at levels around 51258 , 51,350 and 51700) act as immediate resistance
Entry Zone: The current price is near your entry zone, which aligns with the marked region (around 23,631.35). Stop Loss (SL): Your stop-loss level is set at 23,509.60, slightly below the recent low. This placement is logical as it provides room for minor fluctuations while protecting against further downside. Target Levels: Target 1: 23,785.25 – This is...
If you're looking to initiate a buy trade near this level with a small stop-loss, here's a possible strategy based on the chart: Stop-Loss (SL): Place the stop-loss slightly below 23,660 to limit downside risk in case the support breaks. Target Levels: First Target: 23,780 Second Target: 23,825.55
Yellow Zone (24,285.45 - 24,259.40): This is a neutral or consolidation zone. If the price breaks above this zone with volume, it might move towards the Red Zone (Resistance levels). Red Zone (24,488.20 - 24,367.50): This acts as a resistance area. If the price reaches this zone, watch for rejection or a breakout above it for further upside. Green Zones...
Key Levels Support Levels (Green Lines): 24,222.50: A support area where the price bounced. 24,181.10: Another critical support level and Stop Loss (SL). 24,179.15: Very close to SL, showing the bottom of the current range. Resistance Levels (Red Lines): 24,367.45: Immediate resistance where price previously rejected. 24,481.10: A significant resistance above,...
Nifty is near support. A CE side trade can be considered with a small SL. All targets hit on 16th December. Please check levels for more details
Nifty seems weak and may fall further. We can consider trading on the put side with a small stop-loss. Please check level for more details
Nifty may go up from here. We can consider taking a buy position with a small stop-loss (SL).
Nifty is near suppNifty is near support. A CE side trade can be considered with a small SL. All targets hit on 16th December. Please check levels for more detailsort. A CE side trade can be considered with a small SL. All targets hit on 16th December. Please check levels for more details
nifty level 13 december pleade check level , green zone are support
if the price sustains above the yellow zone, it may move towards the red line and then the red zone. Similarly, if the price sustains below the yellow zone, the green zone will act as strong support for today
NIFTY is expected to go up. The green zone serves as a strong support and may push the index towards the red zone
Above the Yellow Zone: Indicates bullish momentum. If the price breaks and sustains above the yellow zone, we can expect upward movement, targeting red resistance zones. Below the Yellow Zone: Indicates bearish pressure. A breakdown below this zone suggests selling pressure, targeting the green support levels.