Nifty Trading Strategy for 12th December 2024

12시간 전

Nifty Trading Strategy
Key Levels:
Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart)
Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart)

Confirmed Uptrend: Only if it breaks decisively above 24,860
Confirmed Downtrend: Only if it breaks decisively below 24,290

Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame.

Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame.

Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.

Risk Management: Always use a stop-loss to manage risk and protect your capital.

Market Conditions: Stay updated on market news and events that could impact Nifty.

Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.