Indeks Nifty 50

Nifty Trading Strategy for 30th December 2024

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Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 23,940
Sell Below: The low of the 1-hour candle that closes below 23,750

Targets:
Upside Targets: 23,979, 24,022, 24,080
Downside Targets: 23,727, 23,684, 23,630

Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,940, aiming for targets of 23,979, 24,022, and 24,080.

Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 23,750, aiming for targets of 23,727, 23,684, and 23,630.

Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.

Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.

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.