TradingView
IIT-Trader
Jan 31, 2024 1:52 AM

NIFTY--22000 0r 20800 ?? 

Nifty 50 IndexNSE

Description

I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support

Comment

Comment

key zone is pushing up

Comment

Price enter in the zone of resistance at 21700 retracement or reversal possibility area

Comment

And also at Trendline area

Comment

profit booking area

Comment

price is consolidation at trendline...might grab the liquidity above it fall back chance is more...keep safe.
Comments
IIT-Trader
what do you think about this idea??
More