Nifty important levels for 20 April 2023
已更新
Nifty
Important levels have been mentioned in the chart
Nifty has fallen for 3rd consecutive day
- yet again held on to the blue support zone for April series
Yesterday I had mentioned that 17566 is an important level to watch out for as it can give an entry opportunity to both Bulls and Bears. For a 20-30 points risk it provides a reward potential of 80-100 points
Nifty made a low of 17579 ( 13 points from 17566) and closed the day at 17618.
Tomorrow being weekly expiry, upper level may be capped at 17732 odd levels
On the downside 17566 still holds the key.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Important levels have been mentioned in the chart
Nifty has fallen for 3rd consecutive day
- yet again held on to the blue support zone for April series
Yesterday I had mentioned that 17566 is an important level to watch out for as it can give an entry opportunity to both Bulls and Bears. For a 20-30 points risk it provides a reward potential of 80-100 points
Nifty made a low of 17579 ( 13 points from 17566) and closed the day at 17618.
Tomorrow being weekly expiry, upper level may be capped at 17732 odd levels
On the downside 17566 still holds the key.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
注释
As suggested yesterday around 17566 for a 20-30 point risk Nifty can give a 80-100 point trade potentialNifty made a low of 17579 yesterday (13 points from 17566) and so far today has made a high of 17682 (80-100 points done)
注释
Nifty cmp 17614Nifty may crack 17566 today / Monday.
Target 17454
Important levels for Risk management
17640 / 17666
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