Nifty Important Intraday levels for 04/07/2024

Updated

Good morning everyone.
Nifty 50 ended at a new all time closing high of 24286. I am expecting nifty to hit 24375 followed by 24500 in the coming sessions, 24075 is looking immediate support, crucial support at 23850. Resistance we can face 24400 in intraday.

Important Levels for Nifty:-

Strong support zone 24000
Strong resistance zone 24500

Buy above 24325, if levels sustain at least for 15 mints.
Targets we can see in upside 24398/24453+
Keep stop loss at 24227

Sale below 24227, if levels sustain at least for 15 mints.
Targets we can see in downside 24152/24072
Keep stop loss at 24325

Note:- if there will best Hero Zero Trade then i will update here according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and 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.

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Trade active

Nifty is sustaining above 24325 means there is buying signal in nifty

let's trade nifty 24300 ce now at 87
Add more if you get price around 66
Keep stop loss at 23
Targets 122/147/170++

Note

Trade with less qty only,, go with max 3 lots..

Note

1st Target has been achieved on chart

Note

our nifty 24300 ce trade has done our 1st target,, made high 128

Note

after hitting our 1st target nifty come down,,,
well trade is still active with stop loss

Note

Now i have hero zero trade which i have given to my clilents.
take nifty 24350 ce now at 10 go with max 5 lot, not more than that.
this is highly risk and reward trade,, so do not invest huge amt in this trade,,

stop loss 0
Targets 20/40/65++

reason behind this trade is, i am expecting a move towards 24435++ in 2nd half.. so if this is happening we will have a jackpot trade, and we will achieve all our targets..
if something goes against to our analysis, we are not gonna to lose more than 1250 rs. and if our all targets hits we will get 6875 maximum profits.

Note:- Do not go more than 5 lot..

Note

Hero zero did not worked

TraderRahulPal

Rahul Pal (Indian Moderator)
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