Shivam_Bhanot

Intraday Analysis - Key Trading Zones

Short
NSE:NIFTY   Nifty 50 Index
📈 Explore strategic trading opportunities with this intraday analysis. The chart indicates distinct zones for potential market movements:

1. **Fresh Shorts Zone (21402 to 21541):** Keep an eye on this range for initiating fresh short positions. Opportunities may arise as the market approaches or enters this zone.

2. **Profit Booking Zone (20962 to 20843):** Traders may consider booking profits within this range. Monitor the market closely if it reaches this zone after a bullish move.

3. **Institutions Zone (20402 to 20288):** Recognize the influence of institutional activity within this zone. Institutional trading patterns may provide insights for strategic decision-making.

📉 **Trading Strategy:** Exercise caution and consider entering trades only when the market is within the Fresh Shorts Zone. Additionally, refrain from upside trades unless the Previous Day High is surpassed.

For education purpose only. Not a trading advice. Stay vigilant and adapt your strategy based on real-time market movements. Happy trading! 📊💹

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