This chart illustrates a trading setup for Nifty 50 on a 15-minute timeframe. You've highlighted key levels, a fair value gap (FVG), and potential buying strategies. Here's a quick breakdown:
1. **Key Levels**:
- **23,188** and **23,139.55** are support levels.
- **23,238.40** is a resistance level and your potential buy zone above this.
2. **Fair Value Gap (FVG)**:
- The gap between **23,164.75** and **23,139.55** is marked. It could act as a retracement area for entries.
3. **Buy Strategy**:
- Either buy above **23,238.40** once it's broken and sustained.
- Or wait for a retest of the FVG to confirm a bounce.
Let me know if you'd like suggestions or enhancements to your trading plan!
1. **Key Levels**:
- **23,188** and **23,139.55** are support levels.
- **23,238.40** is a resistance level and your potential buy zone above this.
2. **Fair Value Gap (FVG)**:
- The gap between **23,164.75** and **23,139.55** is marked. It could act as a retracement area for entries.
3. **Buy Strategy**:
- Either buy above **23,238.40** once it's broken and sustained.
- Or wait for a retest of the FVG to confirm a bounce.
Let me know if you'd like suggestions or enhancements to your trading plan!
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.