Indeks Nifty 50

NIFTY LEVELS 12TH OCTOBER 2023

70
Dear Friends,

Finance Nifty Important Levels

Last Traded Price- 19808

Immediate Resistance- 19822

Immediate Support- 19795

Target after Breaking Resistance:

Target 1 :19849

Target 2 : 19878

Target after Breaking Support:

Target 1 :19763

Target 2 : 19733

NOTE:

1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts.

2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.

3: Do maintain a minimum 1:2 risk-reward ratio.

Hope the levels stand strong tomorrow.

Happy Trading !!

Only for Educational Purposes.

Penafian

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