NIFTY Intraday Trade Setup For 23 Sep 2022
NIFTY Intraday Trade Setup For 23 Sep 2022
Buy-Above 17723
Sl-17670
T-17803 17865 17923
Sell- Below 17530
Sl-17585
T-17430 17330 17253
NIFTY has closed on a negative note with 0.5% cut. The daily candle is a neutral and indecision candle as closing is at mid point. Broader range is 18100 and 17150. Breakout of this range will give a fresh move either side. However 17400 and 18100 is also important. Above 18100 we will hit a fresh ATH. Below 17400 we will head 17150 and below which we will hit 16900 and 16590. Last day we planned to sell below 17660, it hit our target 17533.
Comin to Friday's trade setup, if index opens flat and a 5/15 Min candle closes above 17723 the we will long for the target of 17803. 17865 and 17923.
For selling we need a 5/15 Min candle close below 17530. Downside target will be 17430. If index sustains below it then we will hit 17330 and 17250.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Buy-Above 17723
Sl-17670
T-17803 17865 17923
Sell- Below 17530
Sl-17585
T-17430 17330 17253
NIFTY has closed on a negative note with 0.5% cut. The daily candle is a neutral and indecision candle as closing is at mid point. Broader range is 18100 and 17150. Breakout of this range will give a fresh move either side. However 17400 and 18100 is also important. Above 18100 we will hit a fresh ATH. Below 17400 we will head 17150 and below which we will hit 16900 and 16590. Last day we planned to sell below 17660, it hit our target 17533.
Comin to Friday's trade setup, if index opens flat and a 5/15 Min candle closes above 17723 the we will long for the target of 17803. 17865 and 17923.
For selling we need a 5/15 Min candle close below 17530. Downside target will be 17430. If index sustains below it then we will hit 17330 and 17250.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.