Nifty important Intraday levels to watch are as follows
Expectations: Rangebound/Sideways day.
#Support: 19550
Sell below: 19550 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19510
Target 2: 19460
#Resistance: 19590
Buy Above: 19590 only on 15 minute candle closure Above the level agressive buy above supply zone.
Target 1: 19640
Target 2: 19680
#Demand Zone: 19530-19550 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Supply Zone: 19630-19600 may act as a selling zone and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Expectations: Rangebound/Sideways day.
#Support: 19550
Sell below: 19550 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19510
Target 2: 19460
#Resistance: 19590
Buy Above: 19590 only on 15 minute candle closure Above the level agressive buy above supply zone.
Target 1: 19640
Target 2: 19680
#Demand Zone: 19530-19550 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Supply Zone: 19630-19600 may act as a selling zone and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Nota
Successfully achieved target 1.
Low made 19467 after break of support and demand zone. 7 points away from our second target level.
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Nota
What a bounce !!! Just playing the levels sooo smoothly !!
Dagangan ditutup: sasaran tercapai
bounced back after achieving almost both targets on downside and hit target 1 on upside too !! #had a great day !!
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