here are the levels for nifty to trade for tomorrow intraday. because of the News today we able to see huge gap up and market went side ways. mark the fib extension levels as seen in the chart and based on these levels we can take trades. mark the day high and low . and the fib levels are also working well so based on these level we will plan trades.
if the price breaks the 1.272 level then we can take the trades on retest here we are waiting for the break of the fib level because every one take trades if the day low is broken and it can be trap so we will wait for the fib level to break. or if the price breaks the day high and on the retest we can take the entry because we can see the buying trend is so strong it can move in those direction.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
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.
comment below if you have any doubts.
if the price breaks the 1.272 level then we can take the trades on retest here we are waiting for the break of the fib level because every one take trades if the day low is broken and it can be trap so we will wait for the fib level to break. or if the price breaks the day high and on the retest we can take the entry because we can see the buying trend is so strong it can move in those direction.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
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.
comment below if you have any doubts.
Trade active:
took entry on 9 40 candle. let's see how the price move.
Comment:
trailed cost to cost.