Nifty trades and targets for - 20/8/24

19 באוג׳

Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. The zones marked will act as resistance or target areas which may act as support or reversal points. Be watchful of previous long wick candles from where we see reversal. Mark resistance and support on longer time frame and plan trades accordingly. Never look for trades based on shorter time frames.

20 באוג׳

הערה

Market is opening gap up, look for PE options till the gap is filled till previous high. Closed trade at previous day high at any cost.

20 באוג׳

הערה

It exactly came till yesterday and shoot up from there. Now do not look for PE trades util today's low is not broken or a red candle closes below previous candle in 15 minutes time frame.

20 באוג׳

הערה

Nifty will fall till 24690 or 24640 to hit all the SL, its like a retest. Book profits or trail your SL.

20 באוג׳

הערה

24770 is next target in nifty.