Nifty-06/01/2022

Hello Traders,

NIFTY@06/01/2022:
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If Market Opened as a-

Gap-Up: Support of Resistance (BUY) - Below of Resistance (SELL)

Flat: Support of PDH (BUY) – Important BO (SELL)

Gap-Down: Support of Important (BUY) – Rejection of Important (SELL)
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Happy Learning and Trading.
Rules to fallow...

1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.

Please take the trade according to the levels marked, with Risk-Reward.

This is not Buy and Sell recommendation to anyone.

Take entries after your own analysis.

This is for education purpose and a helping hand to learn trading in market.

NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.

I hope you all like my analysis.
Please do share your thoughts in comment section.

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