InvestyourAsset

Nifty Live Intraday Updates for 31-10-23 !

InvestyourAsset Atualizado   
NSE:NIFTY   Índice Nifty 50
Nifty important levels to watch are as follows

#Support: 19145

Sell below: 19145 only on 15 minute candle closure below the level.
Target 1: 19100
Target 2: 19020



#Resistance: 19233

Buy Above: 19233 only on 15 minute candle closure Above the level.
Target 1: 19285
Target 2: 19360-19370




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.

=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.

=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.




#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Comentário:

Currently Nifty at 1 min timeframe.
Comentário:


Target 1 hit, Struggling to break the support, A potential short entry is possible if 1 min candle closes below 19090.
Comentário:
19090 to 19081
Comentário:


Currently, Nifty is following the trendline resistance plotted on the chart.

A bullish movement can be expected if nifty manages to break the trendline resistance and gives 5 min candle closing above 19110.


however, If nifty fails to break the trendline resistance...we can expect a further price drop from here, potential short entry is possible on 1 min candle closing below day low.
Comentário:
Comentário:
never forget to use SL.