NIFTY Intraday Trade Setup For 22 Nov 2022
NIFTY Intraday Trade Setup For 22 Nov 2022
Buy-Above 18175
Sl-18125
T- 18260 18330
Sell-Below 18130
Sl-18180
T-18050 17960
NIFTY closed on a negative note with 0.81% cut. Today sell triggered as per trade setup and hit our 1st target. 1st target which was plotted @ 18133 acted as support whole day. The sell trade was the only best trade bcs after 10 o'clock it just turned sideways and traded within 50 points range for the rest 5 hours.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 18175 then we will long for the target of 18260 and 18330. We will buy only when it opens flat and a 15 Min candle closes above or else we will ignore.
For selling we need a 15 Min candle close below 18130. Target will be 18050 and 17960. 17950 area is a support zone.
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 18175
Sl-18125
T- 18260 18330
Sell-Below 18130
Sl-18180
T-18050 17960
NIFTY closed on a negative note with 0.81% cut. Today sell triggered as per trade setup and hit our 1st target. 1st target which was plotted @ 18133 acted as support whole day. The sell trade was the only best trade bcs after 10 o'clock it just turned sideways and traded within 50 points range for the rest 5 hours.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 18175 then we will long for the target of 18260 and 18330. We will buy only when it opens flat and a 15 Min candle closes above or else we will ignore.
For selling we need a 15 Min candle close below 18130. Target will be 18050 and 17960. 17950 area is a support zone.
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.
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