NIFTY 28/07/23
Here are the levels for nifty to trade for tomorrow intraday and mark these levels on the chart as well. today we can see down trending and strong bearish engulfing candle formed on the daily TF. as tomorrow is a friday so we may see a inside candle. mark the19520 level because it is the important level.
if the price opens gap up above the 19750 or 0.382 fib level then on the pull back we can take the long entry with the volumes confirmation.
or if the price opens flat or Small gap down then the price may continue to fall further and and we can take entry when the candle closes below the trendline and 0.618 fib level then on the retest we can take the short entry with the volumes confirmation. and 19566 will be the 1st target and 19520 will be the final target
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
if the price opens gap up above the 19750 or 0.382 fib level then on the pull back we can take the long entry with the volumes confirmation.
or if the price opens flat or Small gap down then the price may continue to fall further and and we can take entry when the candle closes below the trendline and 0.618 fib level then on the retest we can take the short entry with the volumes confirmation. and 19566 will be the 1st target and 19520 will be the final target
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.