Nifty important Intraday levels to watch are as follows
Expectations: Volatile day
#Support: 19540
Sell below: 19540 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19450
Target 2: 19320
#Resistance: 19640
Buy Above: 19640 only on 15 minute candle closure Above the level. agressive buy above supply zone.
Target 1: 19690
Target 2: 19780
#Demand Zone: 19450-19480 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Supply Zone: 19765-19745 may act as a selling zone and price may reject from the region marked in red 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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Expectations: Volatile day
#Support: 19540
Sell below: 19540 only on 15 minute candle closure below the level. agressive sell below demand zone.
Target 1: 19450
Target 2: 19320
#Resistance: 19640
Buy Above: 19640 only on 15 minute candle closure Above the level. agressive buy above supply zone.
Target 1: 19690
Target 2: 19780
#Demand Zone: 19450-19480 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Supply Zone: 19765-19745 may act as a selling zone and price may reject from the region marked in red 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.
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.
