Budget Day Analysis - Nifty
Hi guys, price is at important bullish zone as of now. It has taken support and broke the trend line resistance. Also price has formed a strong bull candle. So what will happen tomorrow?
Now trend deciding zone is 23500. Sustaining this zone is important to be bullish.
Lower time frame shows, price has sustained above the channel resistance.
Please note price will be volatile during budget. If you have less experience, just watch instead of trading.
Buy above 23520 with the stop loss of 23480 for the targets 23560, 23600, 23660, 23720 and 23760. Sell below 23400 with the stop loss of 23440 for the targets 23360, 23320, 23280 and 23240.
Always do your own analysis before taking any trade.
Colorful dots... what are they? Mood phase indicator in TradingView. Check it. 😀
Now trend deciding zone is 23500. Sustaining this zone is important to be bullish.
Lower time frame shows, price has sustained above the channel resistance.
Please note price will be volatile during budget. If you have less experience, just watch instead of trading.
Buy above 23520 with the stop loss of 23480 for the targets 23560, 23600, 23660, 23720 and 23760. Sell below 23400 with the stop loss of 23440 for the targets 23360, 23320, 23280 and 23240.
Always do your own analysis before taking any trade.
Colorful dots... what are they? Mood phase indicator in TradingView. Check it. 😀
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Join my students group for Index Option Trading to earn and learn.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Join my students group for Index Option Trading to earn and learn.
Join my students group for Index Option Trading to earn and learn.
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