Nifty Support&Resistance Levels for 21 st Dec Monday

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Nifty Support and Resistance levels to look for Monday intraday are

Key levels:-

Resistance
23670
23800 to 23850

Support
23500
23350 to 23300

Check price action on those levels above mentioned for rejection or breakouts to take entries accordingly other areas ignore risk reward not favorable.

Educational purpose only do your own research before taking entries.

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ملاحظة

At resistance now

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ملاحظة

watch for rejection to short here or wait for breakout and retest to long

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ملاحظة

All sectors doing good today may be break out above 23800 possible

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تم فتح الصفقة

long entry made

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ملاحظة

65 points gain so far

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ملاحظة

double bottom in 5 mins time frame and lower high long entry made stop loss immediate swing low target 23900 area

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ملاحظة

Still good almost there to target

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تم إغلاق الصفقة يدويًا

trailing stop hit , did not expected this much retrace of which all sectors doing good still fell

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ملاحظة

23850 area above and 23670 area below both acted as resistance and support as i mentioned those levels in idea above as key levels