Nifty trade Setup for 17-07-2023

已更新

Nifty Important intraday levels to watch for 17-07-2023

#Support: 19520
Short if candle closes below 19560 for scalping only with a tight stoploss and agressive short if candle closes below 19520

#resistance: 19595
Long if candle closes above 19595

#Targets on downside after break of support.
Target 1= 19420
Target 2= 19370

#Targets on upside after break of resistance.
Target 1= 19660
Target 2= 19700-710

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注释

Nifty successfully broken out from immediate resistance 19595. However, again facing resistance at the trendline marked on the chart. So, trade only on levels and keep trailing your stoploss.

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Nifty almost achieved target 1 while respecting trendline resistance ! High made 19652 !!

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Target 1 achieved successfully !!

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Trendline resistance breakout retest and boom !! ... high made 19691, almost close to second target.

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Just take a loot at the price action, levels and perfection ... Follow us for more such information and get notified in timely manner. Give it a like if you appreciate the idea.