Nifty 50 Spot Intraday Technical Analysis for 19th Dec.
π Unlock the potential with my Nifty 50 Spot Intraday Technical Analysis for 19th December, 2024!
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π Day Range Trigger Point (DRTP): 24,199 π Day Range: 245
π Long Position πΉ Buy Above: 24,301 π― Target 1: 24,350 π― Target 2: 24,443 β Stoploss: 24,219
π Short Position πΉ Sell Below: 24,243 π― Target 1: 24,048 π― Target 2: 23,954 β Stoploss: 24,325
π How to Trade with Numro Trader Intraday Levels
Buy Setup π Wait for a 5-Min. candle to close above DRTP or Buy Above level. π Confirm breakout with a candle breaking the high of the breaking candle. π Enter a buy order at the active level (DRTP or Buy Above). π― Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP). β οΈ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup π Wait for a 5-Min. candle to close below DRTP or Sell Below level. π Confirm breakout with a candle breaking the low of the breaking candle. π Enter a sell order at the active level (DRTP or Sell Below). π― Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP). β οΈ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
β¨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. π
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