NIFTY 17/01/23
Here are the levels for the nifty to trade tomorrow for intraday. IF the price breaks the trendline and retest on 0.6 level then we can see good up move side. (by hitting all SL of today sellers).
we can sell if the price makes any strong reversal candle at 0.5 level confirmed with volumes.
if the price open gap down we can expect the gap to be filled. and then by seeing the price action we confirm the trend. if price open gap up wait for pullback and then enter on rejection or reversal candle.
on 1hr TF we can see price made a triangle pattern. and we may expect price to break on upside. don't take any short trades near the trendline. and also 20ema is acting as resistance on daily TF.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
we can sell if the price makes any strong reversal candle at 0.5 level confirmed with volumes.
if the price open gap down we can expect the gap to be filled. and then by seeing the price action we confirm the trend. if price open gap up wait for pullback and then enter on rejection or reversal candle.
on 1hr TF we can see price made a triangle pattern. and we may expect price to break on upside. don't take any short trades near the trendline. and also 20ema is acting as resistance on daily TF.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.