Nifty Trading Strategy for 10th January 2025
Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 23,660
Sell Below: The low of the 15-minute candle that closes below 23,490
Targets:
Upside Targets: 23,710, 23,760, 23,808
Downside Targets: 23,450, 23,410, 23,350
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,660, aiming for targets of 23,710, 23,760, and 23,808.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 23,490, aiming for targets of 23,450, 23,410, and 23,350.
Stoploss: Always 50 point stop from the entry price.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 23,660
Sell Below: The low of the 15-minute candle that closes below 23,490
Targets:
Upside Targets: 23,710, 23,760, 23,808
Downside Targets: 23,450, 23,410, 23,350
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,660, aiming for targets of 23,710, 23,760, and 23,808.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 23,490, aiming for targets of 23,450, 23,410, and 23,350.
Stoploss: Always 50 point stop from the entry price.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
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