Trade Opportunities in Nifty on 12-07-2023
Hello Friends,
These are the list of probable trades on 12-07-2023 as per my understanding of Price- Action and Support- Resistance.
Level 1:
Trade A which is buying PE, can be initiated if the support of Level 1 is broken.
Trade B which is buying CE, Can be initiated if the price takes a bounce from the Level 1 support.
Trade C which is buying CE, Can be initiated if the price breaks the resistance of Level 1, and sustains in Level 2.
Level 2:
Trade D which is buying PE, can be initiated if the support of Level 2 is broken and enters Level 1.
Trade E which is buying CE, Can be initiated if the price takes a bounce from the Level 2 support.
Trade F which is buying PE, can be initiated if the support of Level 3 is broken and enters Level 2 or if the price takes a rebound from the resistance of Level 2.
Level 3 :
Trade G which is buying CE, Can be initiated if the price breaks the resistance of Level 3 and enters into the zone above.
Trade H which is buying PE, can be initiated if the price cannot break the resistance of Level 3 and takes a rebound.
Please message me for any confusion or any suggestions.
Happy Trading !!
These are the list of probable trades on 12-07-2023 as per my understanding of Price- Action and Support- Resistance.
Level 1:
Trade A which is buying PE, can be initiated if the support of Level 1 is broken.
Trade B which is buying CE, Can be initiated if the price takes a bounce from the Level 1 support.
Trade C which is buying CE, Can be initiated if the price breaks the resistance of Level 1, and sustains in Level 2.
Level 2:
Trade D which is buying PE, can be initiated if the support of Level 2 is broken and enters Level 1.
Trade E which is buying CE, Can be initiated if the price takes a bounce from the Level 2 support.
Trade F which is buying PE, can be initiated if the support of Level 3 is broken and enters Level 2 or if the price takes a rebound from the resistance of Level 2.
Level 3 :
Trade G which is buying CE, Can be initiated if the price breaks the resistance of Level 3 and enters into the zone above.
Trade H which is buying PE, can be initiated if the price cannot break the resistance of Level 3 and takes a rebound.
Please message me for any confusion or any suggestions.
Happy Trading !!
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.