Nifty intraday levels for today 26/Sep/2023
Good Morning Traders.
Nifty has formed a dogi kind of pattern, seems indecisiveness among bulls and bears abt near term. OI is suggesting that 19600-19500 will be near term support, and 19800 can act like strong resistance zone for nIfty. Global market is showing bearishness today, GIFT Nifty also suggesting a gap down opening in market. If i talk about trend in the market, Nifty can consolidate between 19500-19850 levels. Let's see what is going to happen, we will act according to our chart pattern.
Important levels for Nifty:-
Strong Resistance Zone 19800-19850
Strong Support Zone 19500-19550
Buy above 19725, if levels sustains at least for 15 Mints.
Targets we can see in upside 19784/19844
Keep stop loss at 19629
Sale below 19629, if levels sustains at least for 15 mints.
Targets we can see in downside 19566/19502
Keep stop loss at 19725
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Nifty has formed a dogi kind of pattern, seems indecisiveness among bulls and bears abt near term. OI is suggesting that 19600-19500 will be near term support, and 19800 can act like strong resistance zone for nIfty. Global market is showing bearishness today, GIFT Nifty also suggesting a gap down opening in market. If i talk about trend in the market, Nifty can consolidate between 19500-19850 levels. Let's see what is going to happen, we will act according to our chart pattern.
Important levels for Nifty:-
Strong Resistance Zone 19800-19850
Strong Support Zone 19500-19550
Buy above 19725, if levels sustains at least for 15 Mints.
Targets we can see in upside 19784/19844
Keep stop loss at 19629
Sale below 19629, if levels sustains at least for 15 mints.
Targets we can see in downside 19566/19502
Keep stop loss at 19725
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
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