NIFTY TRADE SETUP

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Nifty is currently trading above a minor potential reversal zone. We shall see if it breaks below or sustains above the zone. As we can see, the index is in a narrow range. As per option data, the index could be consolidating between 17300-17400.

Wait for the price to reach the demand zone or supply zone to open up a position. The levels for both longs and shorts are mentioned on the chart. Put stop loss as per risk appetite.

Happy trading :)

This is just for educational purposes.
Giao dịch đang hoạt động
perfect rejection from the prz. Hope you were not trapped in the long positions.
Giao dịch được đóng thủ công
I haven't had any targets, to be honest. Anything could have happened today. Hope this idea helped you all in some way.
Harmonic Patternsleonardopatternnifty50niftyanalysisniftytradesetupSupply and DemandTrend Lines

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