Nifty - Intraday Levels for 13 Oct 2022

Nifty levels for Tomorrow..

Expectation : BREAKOUT either side

Nifty likely to Open with Flat / Small Gap down tomorrow. Entry plans are highlighted in the Chart. We have multiple resistance zones on the higher side. If any breakout above 17225, Target 1 will be tested and we can expect Nifty close around 17300. Incase any rejection around 17170 Nifty will take reversal and move on the lower side.

Any breakout below CPR, Nifty would fall and close around 17000

For quick scalping, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!