NIFTY Intraday Trade Setup For 2 Jan 2023
NIFTY Intraday Trade Setup For 2 Jan 2023
Buy-Above 18210
Sl-18160
T- 18327 18490
Sell-Below 18080
Sl-18130
T-17990 17855
NIFTY has closed on bearish note on Friday with almost 0.5% cut. Monthly candle is a bit negative as it has almost engulfed the previous candle. So index will resume uptrend above this big red candle's high- 17890. Till then index is likely to be in decline phase. Weekly candle is a bullish candle which has closed at 50% of the last red candle. So trigger of bullish sentiment will be above its high and there has to be a good price structure in daily TF. Next important support for the very next day will be 17950 zone.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 18210 then we will long for the the target of 18327, 18400 and 18490.
For selling we need a 15 Min candle close below 18080. T- 17955-80. Below 17950 if sustained the we will test 17855 and 17800.
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 18210
Sl-18160
T- 18327 18490
Sell-Below 18080
Sl-18130
T-17990 17855
NIFTY has closed on bearish note on Friday with almost 0.5% cut. Monthly candle is a bit negative as it has almost engulfed the previous candle. So index will resume uptrend above this big red candle's high- 17890. Till then index is likely to be in decline phase. Weekly candle is a bullish candle which has closed at 50% of the last red candle. So trigger of bullish sentiment will be above its high and there has to be a good price structure in daily TF. Next important support for the very next day will be 17950 zone.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 18210 then we will long for the the target of 18327, 18400 and 18490.
For selling we need a 15 Min candle close below 18080. T- 17955-80. Below 17950 if sustained the we will test 17855 and 17800.
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.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.