Gud Morning Dear all friend,
Today I m disclosing the way how to trade intraday with very low risk as a penny and high return...
There are always 3 Support level and 3 resistance level. These all will be based on cash market.
You should follow the rule strictly.
If market brake any support or resistance then it change automatically.
Like if market brake support in 5 minute chart then it will become resistance. Suppose 1st support is 5795 market brake this and now market is trading below 5795 then this support becomes resistance. And if it brake the resistance then it will become support automatically.
Today 5th of August support and resistance level for nifty.
Supports
You Can long when market trade near these.
100 % 5619.42
61.80 % 5641.76
38.20 % 5655.56
Resistance
You can short when market trade near these
100 % 5736.38
61.80 % 5714.04
38.20 % 5700.24
Keep stop loss for just 5 points beyond or above supports or resistance.
Happy saving...
Chetan Shekhawat.
Today I m disclosing the way how to trade intraday with very low risk as a penny and high return...
There are always 3 Support level and 3 resistance level. These all will be based on cash market.
You should follow the rule strictly.
If market brake any support or resistance then it change automatically.
Like if market brake support in 5 minute chart then it will become resistance. Suppose 1st support is 5795 market brake this and now market is trading below 5795 then this support becomes resistance. And if it brake the resistance then it will become support automatically.
Today 5th of August support and resistance level for nifty.
Supports
You Can long when market trade near these.
100 % 5619.42
61.80 % 5641.76
38.20 % 5655.56
Resistance
You can short when market trade near these
100 % 5736.38
61.80 % 5714.04
38.20 % 5700.24
Keep stop loss for just 5 points beyond or above supports or resistance.
Happy saving...
Chetan Shekhawat.
