NIFTY Intraday Trade Setup For 18 Mar 2025
Bullish- Above 22580
Invalid-Below 22530
T- 22820
Bearish-Below 22310
Invalid-Above 22360
T- 22140
NIFTY has closed on a bullish note with 0.5% gain today. It has been trading inside range of 22600 and 22300 since last 4 sessions. Hourly key levels are 22700 and 22300. One should wait for this range to break to trade directional. As intraday move are too choppy to trade. Index is bearish till it is below 50 EMA in daily TF. Although it is bearish always looks for bearish price structure to short if pullback come.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22580 then we will long for the target 22820.
For selling we need a 15 Min candle close below 22310. T- 22140.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bullish- Above 22580
Invalid-Below 22530
T- 22820
Bearish-Below 22310
Invalid-Above 22360
T- 22140
NIFTY has closed on a bullish note with 0.5% gain today. It has been trading inside range of 22600 and 22300 since last 4 sessions. Hourly key levels are 22700 and 22300. One should wait for this range to break to trade directional. As intraday move are too choppy to trade. Index is bearish till it is below 50 EMA in daily TF. Although it is bearish always looks for bearish price structure to short if pullback come.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22580 then we will long for the target 22820.
For selling we need a 15 Min candle close below 22310. T- 22140.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
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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.
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.