Finnifty Expiry Trade Setup for 17-10-2023
FinNifty important levels to watch are as follows
#Support: 19930
Sell below: 19930 only on 15 minute candle closure below the level.
Target 1: 19900
Target 2: 19850
#Resistance: 19980
Buy Above: 19980 only on 15 minute candle closure Above the level.
Target 1: 20015
Target 2: 20065
=> # 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.
#Support: 19930
Sell below: 19930 only on 15 minute candle closure below the level.
Target 1: 19900
Target 2: 19850
#Resistance: 19980
Buy Above: 19980 only on 15 minute candle closure Above the level.
Target 1: 20015
Target 2: 20065
=> # 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.
Bình luận:
as described in the above snapshot, price again witnessed a selling pressure... The price has to break the supply zone for further upside,
a sharp upmove can be expected once 19970 is taken off.
as described in the above snapshot, price again witnessed a selling pressure... The price has to break the supply zone for further upside,
a sharp upmove can be expected once 19970 is taken off.
Bình luận:
look at the candles just the way as described. price again rejected from the supply zone.
look at the candles just the way as described. price again rejected from the supply zone.
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Disclaimer: All the Views are purely for educational purpose.
Join Our free telegram channel for more detailed market views.
For Fully automated algo trading contact us:
t.me/investyourasset
Disclaimer: All the Views are purely for educational purpose.
demand and supply zones as per 1 min timeframe are plotted on the chart. Trade accordingly.