Dear Friends,
Finance Nifty Important Levels
Last Traded Price- 19808
Immediate Resistance- 19822
Immediate Support- 19795
Target after Breaking Resistance:
Target 1 :19849
Target 2 : 19878
Target after Breaking Support:
Target 1 :19763
Target 2 : 19733
NOTE:
1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Finance Nifty Important Levels
Last Traded Price- 19808
Immediate Resistance- 19822
Immediate Support- 19795
Target after Breaking Resistance:
Target 1 :19849
Target 2 : 19878
Target after Breaking Support:
Target 1 :19763
Target 2 : 19733
NOTE:
1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.
2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
3: Do maintain a minimum 1:2 risk-reward ratio.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
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.
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.