NIFTY Intraday Trade Setup For 21 Jul 2022
NIFTY Intraday Trade Setup For 21 Jul 2022
Buy-Above 16625
Sl-16575
T-16700 16750
Sell-Below 16490
Sl-16540
T-16400 16330
NIFTY has formed a spinning top like candle in daily TF. It opened with a big gap up and consolidated the whole day ahead of Weekly Expiry. NIFTY has almost hit our swing buy target(16600). Sipping top is an alert candle that we may take a pause after the good up move we have enjoyed.
Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes below our 16490 then we will short for the target of 16400 and 16330.Trail Below 16440.
For buying we should wait till 16625 is closed in 5/15 TF as this is a PRZ area. Target above 16625 will be 16700, 16750 and 16800.
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 16625
Sl-16575
T-16700 16750
Sell-Below 16490
Sl-16540
T-16400 16330
NIFTY has formed a spinning top like candle in daily TF. It opened with a big gap up and consolidated the whole day ahead of Weekly Expiry. NIFTY has almost hit our swing buy target(16600). Sipping top is an alert candle that we may take a pause after the good up move we have enjoyed.
Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes below our 16490 then we will short for the target of 16400 and 16330.Trail Below 16440.
For buying we should wait till 16625 is closed in 5/15 TF as this is a PRZ area. Target above 16625 will be 16700, 16750 and 16800.
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.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.