nifty TradeSetup For 11-08-2023

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Nifty important Intraday levels to watch are as follows

Expectations: Trending day

#Support: 19520

Sell below: 19520 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19470
Target 2: 19380

#Resistance: 19560

Buy Above: 19560 only on 15 minute candle closure Above the level
Target 1: 19630
Target 2: 19690

#Demand Zone: 19470-19490 may act as a buying zone and price may bounce from the region marked in green on the chart.



#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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Opened flat. Support breached and reached Target 1 !!
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