Here are the levels for nifty to trade for tomorrow intraday. hope today u got the entry and made profit. price is trading in the range from past 8 days and market unable to decide the direction. don't take aggressive short trades as India VIX is below 12. price is trading in the range from 18650 to 18460.
if the price breaks the resistance above then we can go with long side trade with the volumes confirmation on the retest if the price breaks the green zone then we can take the short side trade but with less quantity as this will be the less probability trade.
if the price opens huge gap down and broke the trendline and the 18450level then this is the will be the most probable short trade to take and from there market can fall further low.
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 resistance above then we can go with long side trade with the volumes confirmation on the retest if the price breaks the green zone then we can take the short side trade but with less quantity as this will be the less probability trade.
if the price opens huge gap down and broke the trendline and the 18450level then this is the will be the most probable short trade to take and from there market can fall further low.
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.