NIFTY 50 23th DECEMBER 2024
Entry Zone:
The current price is near your entry zone, which aligns with the marked region (around 23,631.35).
Stop Loss (SL):
Your stop-loss level is set at 23,509.60, slightly below the recent low. This placement is logical as it provides room for minor fluctuations while protecting against further downside.
Target Levels:
Target 1: 23,785.25 – This is a conservative and achievable level, slightly above recent resistance.
Target 2: 23,867.30 – A reasonable next target, aligned with stronger resistance.
Target 3: 23,934.80 – This is a more ambitious level, closer to previous highs.
Risk-to-Reward Ratio:
Based on the marked green (reward) and red (risk) zones, your setup seems to have a favorable risk-to-reward ratio. Ensure that this aligns with your trading strategy.
The current price is near your entry zone, which aligns with the marked region (around 23,631.35).
Stop Loss (SL):
Your stop-loss level is set at 23,509.60, slightly below the recent low. This placement is logical as it provides room for minor fluctuations while protecting against further downside.
Target Levels:
Target 1: 23,785.25 – This is a conservative and achievable level, slightly above recent resistance.
Target 2: 23,867.30 – A reasonable next target, aligned with stronger resistance.
Target 3: 23,934.80 – This is a more ambitious level, closer to previous highs.
Risk-to-Reward Ratio:
Based on the marked green (reward) and red (risk) zones, your setup seems to have a favorable risk-to-reward ratio. Ensure that this aligns with your trading strategy.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.