Fin nifty Intraday Levels for 26 March , Tuesday
# Intraday is tricky because the Index trend is missing in higher tF; we must focus on small moves in a lower time frame to catch the moves in the day. I have used hourly TF to understand the current market moves and curves. The hourly trend changed on 21 March, and the price has sustained above it, so the critical level for today is 20,830, and the failure of the current market structure is below 20,660. These are the essential levels for today or in the upcoming days.
Intraday range: 20,660 to 20,830 ( Plan non-directional trade in this range)
Long above 20,830 for the target 20,900/20,950
Short below: The reversal point is 20.660. Short can be below it for the target of 20,600/20,500
Intraday range: 20,660 to 20,830 ( Plan non-directional trade in this range)
Long above 20,830 for the target 20,900/20,950
Short below: The reversal point is 20.660. Short can be below it for the target of 20,600/20,500
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