Nifty Monthly Expiry 26-10-23 Live updates !!

Nifty important levels to watch are as follows

#Support: 18930

Sell below: 18930 only on 15 minute candle closure below the level.
Target 1: 18860
Target 2: 18800



#Resistance: 19040

Buy Above: 19040 only on 15 minute candle closure Above the level.
Target 1: 19110
Target 2: 19200




=> # 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.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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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.

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currently nifty taking support at marked level, breakdown below 18920 is necessary for further fall.

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breakdown, boosting further negative sentiments.

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as explained earlier... we all witnessed a downward momentum. Now, secure your profits and do not risk much of your capital as this is monthly expiry.

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trendline resistance confirmed.

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as explained in previous snapshots, nifty achieved target 1 successfully following resistance at marked trendline.

currently, taking support at 18850, which is crucial. wait for breakdown below 18850 for further downward momentum.

18850 is a crucial level so trade with caution. never forget to use SL in order to protect your capital.

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as described 18850 is crucial.

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again took support

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Nifty current scenario, symmetric triangle pattern on 3 min timeframe.

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price is perfectly consolidating within the triangle, wait for breakout on either side.

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price rejected after trapping buyers ! Again taking a halt at 18850.

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18850 is becoming stronger support with time, wait patiently for short entries.

and

18900 is an immediate resistance, therefore, the range between 18850 and 18900 is no trading zone for now.

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finally nifty managed to hold 18850 till the EOD.


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