Nifty Intraday Trade Setup | 5th December

4 בדצמ׳ 2024

Nifty opened with a gap-up and gave more up-move in morning, our buy level triggered and Nifty went near 24575 but then we saw a knee jerk reaction and Nifty lost more than 200 points from day high so as per setup SL was taken out.

For tomorrow, if Nifty sustains above 24540 you can consider buying for 24600 and above marked level but keep small quantity on buying side. On the other side, if Nifty sustains below 24410 you can consider taking a sell trade for the target of 24360 and below marked level on the chart.

Expectations: Volatile movement.

Intraday Levels:
Buy Above - 24540
Sell Below - 24410

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India

5 בדצמ׳ 2024

עסקה פעילה

Nifty faced rejection exactly at 24540.

5 בדצמ׳ 2024

עסקה סגורה: היעד הושג

Sell trade triggered below 24410 and both targets done.