Nifty Expiry Trade Setup for 12-10-2023

Nifty important levels to watch are as follows

#Support: 19780

Sell below: 19780 only on 15 minute candle closure below the level.
Target 1: 19720
Target 2: 19640



#Resistance: 19840

Buy Above: 19840 only on 15 minute candle closure Above the level.
Target 1: 19880
Target 2: 19940




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.

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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.

Kommentera:

still trading perfectly in the support and resistance range. Need a breakout on any side to capture price momentum.

Kommentera:

huge gap-down opening !