Nifty Trading Strategy for 29th April 2025

44
📈 Gold Trading Plan (Intraday Strategy)
🔹 Buy Setup:
Condition to Enter:
➡️ Buy only if the price closes above the high of the 15-minute candle and above 3367.
Entry Confirmation:
✅ Wait for a 15-minute candle to close above 3367.

Targets for Buy:
🎯 Target 1: 3377
🎯 Target 2: 3388
🎯 Target 3: 3399

Stop-Loss Suggestion:
🔻 Place your stop-loss slightly below the breakout candle or a safe nearby support zone.

🔹 Sell Setup:
Condition to Enter:
➡️ Sell only if the price closes below the low of the 15-minute candle and below 3320.

Entry Confirmation:
✅ Wait for a 15-minute candle to close below 3320.

Targets for Sell:
🎯 Target 1: 3310
🎯 Target 2: 3300
🎯 Target 3: 3290

Stop-Loss Suggestion:
🔻 Place your stop-loss slightly above the breakdown candle or a safe nearby resistance zone.

⚠️ Disclaimer:
📢 This content is for educational purposes only.
Trading and investing in commodities involve significant financial risk.
Past performance is not indicative of future results.
Always perform your own research and consult a licensed financial advisor before making any trading decisions.
Strict position sizing and risk management are essential to protect your capital.

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.