Nifty Live Intraday Updates for 20-12-23

InvestyourAsset 已更新   
NSE:NIFTY   Nifty 50指數
Nifty important levels to watch are as follows

📍 Support: 21430

📊Sell below: 21430 only on 15 minute candle closure below the level.
📉Target 1: 21380
📉Target 2: 21300

📍 Resistance: 20505

📊 Buy Above: 20505 only on 15 minute candle closure Above the level.
📈Target 1: 21550
📈Target 2: 21630

⚡⚡ 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.

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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.

both the targets hit on downside.

Nifty takes support exactly at the pre plotted demand zone.