Intraday Trading Support and Resistance Kemiti Janibe | Support and Resistance Levels in Intraday

Описание: Intraday Trading Re Support and Resistance Kemiti Janibe | Support and Resistance Levels in Intraday Trading.

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Intraday Trading Re Support and Resistance Kemiti Janibe | Support and Resistance Levels in Intraday Trading.

Understanding Support and Resistance Levels in Intraday Trading

When trading indices like Nifty and Bank Nifty, it's crucial to remember that these indices typically move within a range of 0.5% to 1% on a normal trading day, with occasional larger moves exceeding 1%.

To identify intraday support and resistance levels, focus on ranges of 100 to 250 points for Nifty and 250 to 500 points for Bank Nifty.

For added precision, consider using a TradingView indicator that automatically draws Previous Day High (PDH) and Previous Day Low (PDL) levels on your chart. These levels are powerful tools for intraday trading and can greatly enhance your strategy.

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