NIFTY--Gapup or Gapdown??

31 thg 1, 2024

Price is exactly closed at trendline resistance... which is also a strong resistance...
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support

1 thg 2, 2024

Ghi chú

exit long in nifty below 19680

1 thg 2, 2024

Ghi chú

1 thg 2, 2024

Ghi chú

testing the zone at 19680...