Nifty Mid cap / Nifty Mid select
09/04/2025
Meaning "Long Trade" = Market expected to move up
Meaning "Short Trade" = Market expected to move down
Meaning "PDH" = Previous day High
Meaning "PDL" = Previous day Low
Analysis of the chart in 15mins Time Frame
"Resistance" 11,130 = This is a strong resistance zone since the huge gap down occurred from this price
"Support" 10,830 = This is a tentative support since the upward move on 08/04/2025 happened above the high of 07/04/2025
If 10,830 gets broken in intraday
The stop loss would be = PDL 10,905
1:2 risk reward ratio
Target (10,675)
Taking a trade after the setup is ready on a higher time frame candle is a safe way to trade.
Regards,
Uday
Disclaimer: I am not a SEBI registered analyst. The above information is only for educational purpose based on my years of experience. Please consult a financial advisor before investing.
09/04/2025
Meaning "Long Trade" = Market expected to move up
Meaning "Short Trade" = Market expected to move down
Meaning "PDH" = Previous day High
Meaning "PDL" = Previous day Low
Analysis of the chart in 15mins Time Frame
"Resistance" 11,130 = This is a strong resistance zone since the huge gap down occurred from this price
"Support" 10,830 = This is a tentative support since the upward move on 08/04/2025 happened above the high of 07/04/2025
If 10,830 gets broken in intraday
The stop loss would be = PDL 10,905
1:2 risk reward ratio
Target (10,675)
Taking a trade after the setup is ready on a higher time frame candle is a safe way to trade.
Regards,
Uday
Disclaimer: I am not a SEBI registered analyst. The above information is only for educational purpose based on my years of experience. Please consult a financial advisor before investing.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.