FINNIFTY LEVELS 12TH OCTOBER 2023
Dear Friends,
Finance Nifty Important Levels
Last Traded Price- 19333
Immediate Resistance- 19880
Immediate Support- 19771
Target after Breaking Resistance:
Target 1 :19978
Target 2 : 20031
Target after Breaking Support:
Target 1 :19825
Target 2 : 19775
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- 19333
Immediate Resistance- 19880
Immediate Support- 19771
Target after Breaking Resistance:
Target 1 :19978
Target 2 : 20031
Target after Breaking Support:
Target 1 :19825
Target 2 : 19775
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.