๐ Todayโs Nifty Performance
Opening: Around 25,109
Closing: Around 25,057
Result: Market slipped about โ52 points (โ0.45%)
Range: High near 25,150, Low near 25,027
๐ If you were long (buy side) from the open and held till close โ small loss (~52 points).
๐ If you were short (sell side) from the open and held till close โ small profit (~52 points).
๐ฏ Key Levels
Support Zone: 25,000 โ 25,020
Resistance Zone: 25,130 โ 25,150
๐ Strategy
For Intraday Traders
Sell near resistance (25,130โ25,150) with stop-loss just above 25,160.
Buy near support (25,000โ25,020) with stop-loss just below 24,980.
For Swing Traders (2โ3 days)
If Nifty sustains above 25,150, expect bounce toward 25,250+.
If Nifty breaks below 25,000, expect fall toward 24,900.
Risk Management
Use stop-loss always.
Donโt risk more than 1% of your capital on one trade.
Trail stop-loss if trade goes in your favor.
Opening: Around 25,109
Closing: Around 25,057
Result: Market slipped about โ52 points (โ0.45%)
Range: High near 25,150, Low near 25,027
๐ If you were long (buy side) from the open and held till close โ small loss (~52 points).
๐ If you were short (sell side) from the open and held till close โ small profit (~52 points).
๐ฏ Key Levels
Support Zone: 25,000 โ 25,020
Resistance Zone: 25,130 โ 25,150
๐ Strategy
For Intraday Traders
Sell near resistance (25,130โ25,150) with stop-loss just above 25,160.
Buy near support (25,000โ25,020) with stop-loss just below 24,980.
For Swing Traders (2โ3 days)
If Nifty sustains above 25,150, expect bounce toward 25,250+.
If Nifty breaks below 25,000, expect fall toward 24,900.
Risk Management
Use stop-loss always.
Donโt risk more than 1% of your capital on one trade.
Trail stop-loss if trade goes in your favor.
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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.
Related publications
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.