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NIFTY : TRADE PLAN 29-12-2023

Short
NSE:NIFTY   Nifty 50 Index
29-DEC-2023 - Trade Plan

**If NIFTY opens in green above 21830:**
- 📈 Case 1: If sustains above 21830,
- Buy trade with target: 21924 - 21944
- SL: 21800
- 📉 Case 2: If fails to sustain at 21830 and trades below 21800,
- Short trade with target: 21746 - 21700
- SL: 21840

**If prices open flat:**
- Prices may trade sideways in the range of 21830 - 21746.
- Breaking the range could lead to a move to the mentioned levels.

**If prices open in red below 21720:**
- 📉 Case 1: If faces resistance at 21750,
- Short trade for the target: 21665
- SL: 21750
- 📈 Case 2: If finds support at 21665,
- Buy trade with target: 21746 - 21770

**Expectation:**
- Anticipating a sideways trend with potential profit booking.

Always conduct thorough analysis and employ risk management strategies based on real-time market conditions. This information is not financial advice, and it's crucial to make informed decisions when trading.

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