Here are the levels for the nifty to trade for tomorrow intraday. on daily TF price made a doji candle which is a undecesion candle. usaully doji candles are traded with breakout on either side of the candle high and low.
marks the high and low of the day, so if the price breaks the high then don’t enter immediatley as you can there is another resistance which will be strong so wait for that resistance to be break then you can take a long trade.
if the price breaks the day’s low then we enter on the retest for short side trades. you can see the important support at 18021 level which will act as strong support, so take the target here and if the price breaks this level also then we can enter again.
you can also look for a scalping trade which i marked the projection in black colour.
here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
NIFTY 24/01/23 for NSE:NIFTY by Aravindk3535
Here are the levels for the nifty to trade for tomorrow intraday. on daily TF price made a doji candle which is a undecesion candle. usaully doji candles are traded with breakout on either side of the candle high and low. marks the high and low of the day, so if the price breaks the…
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