Nifty trade setup for 31-07-2023
Updated
Nifty important intraday levels to watch for 31-07-2023
#Support: 19560
Short if candle closes below 19560.
#resistance: 19770
Long if candle closes above 19770.
#Targets on downside after break of support.
Target 1= 19470
Target 2= 19380
#Targets on upside after break of resistance.
Target 1= 19760
Target 2= 19850
Target 3= 19970
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Support: 19560
Short if candle closes below 19560.
#resistance: 19770
Long if candle closes above 19770.
#Targets on downside after break of support.
Target 1= 19470
Target 2= 19380
#Targets on upside after break of resistance.
Target 1= 19760
Target 2= 19850
Target 3= 19970
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
Note
Nifty trying to break the resistance.Note
target achieved after break of resistance !!
Trade closed: target reached
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