Here are the levels for nifty to trade for tomorrow intraday. we can see on daily TF price formed a nice bullish candle and price slowly moving up and nifty and bank nifty are moving in opposite and direction and closed in opposite. up coming days we can a good fall in nifty if the price did not have the pull back. if price go up still then we can see nice selling in nifty. mark the levels and fib extension for trades and targets on chart.
as tomorrow is an expiry and this week there is no trending day so i am expecting a trending day tomorrow. make sure you stay in the right direction. if the price breaks and closes above the swing high and resistance then we can see a nice up move for intraday. if open gap up then wait for pull back and bullish pattern we can take long side entry with the volumes confirmation.
if the price opens flat or gap down and then break the supports and on the retest then we can take the short entry with the strict SL with the volumes confirmation.
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.
as tomorrow is an expiry and this week there is no trending day so i am expecting a trending day tomorrow. make sure you stay in the right direction. if the price breaks and closes above the swing high and resistance then we can see a nice up move for intraday. if open gap up then wait for pull back and bullish pattern we can take long side entry with the volumes confirmation.
if the price opens flat or gap down and then break the supports and on the retest then we can take the short entry with the strict SL with the volumes confirmation.
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.