Here are the levels for nifty to trade for tomorrow intraday. today price moved completely in the range between day high and day low and let's wait whether we get the nice trending market. mark the support and resistance lines as shown in chart. and fib levels as well.
if the price breaks the day high then we can take the long entry on retest if the price breaks the day low then we can take the short entry based on the volumes confirmation. be careful if price open in between the range it make traps and move in the opposite direction so carefully plan the entries. be careful while taking the short entry.
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 breaks the day high then we can take the long entry on retest if the price breaks the day low then we can take the short entry based on the volumes confirmation. be careful if price open in between the range it make traps and move in the opposite direction so carefully plan the entries. be careful while taking the short entry.
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.