Nifty-04/01/2022

Hello Traders,

NIFTY@04/01/2022:
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If market Opened as a-

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

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

Gap-Down : Support of Important(BUY) - Support BO(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 any one.
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.

Please hit a like, it motivates me to do analysis and do share with your trading friends.