Nifty Intraday TradeSetup for 10-08-2023

Nifty important Intraday levels to watch are as follows

Expectations: Volatile day

#Support: 19540

Sell below: 19540 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19450
Target 2: 19320

#Resistance: 19640

Buy Above: 19640 only on 15 minute candle closure Above the level. agressive buy above supply zone.
Target 1: 19690
Target 2: 19780

#Demand Zone: 19450-19480 may act as a buying zone and price may bounce from the region marked in green on the chart.

#Supply Zone: 19765-19745 may act as a selling zone and price may reject from the region marked in red on the chart.



#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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