NIFTY Intraday Trade Setup For 24 Aug 2022
NIFTY Intraday Trade Setup For 24 Aug 2022
Buy-Above 17626
Sl-17565
T- 17710 17820
Sell-Below 17525
Sl-17580
T-17425 17350
NIFTY has closed on a positive note with 0.5% gain. It opened with a decent gap down near 17350 and a sharp recovery was seen. Last day we planned to trade on 10 o'clock range in case of any big gap up/down. The range was broken in the last few min. BANKNIFTY was more trending than NIFTY. It was volatile session.
Coming to tomorrow's trade setup, if we open flat and a 5/15 Min candle closes above 17626 then we will long for the target near gap area- 17710-17730. Next target will be 17825.
For selling we need a 5/15 min candle close below 17525. Downside targets will be 17425 and 17350. Safe traders should consider a short position below 17500.
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 17626
Sl-17565
T- 17710 17820
Sell-Below 17525
Sl-17580
T-17425 17350
NIFTY has closed on a positive note with 0.5% gain. It opened with a decent gap down near 17350 and a sharp recovery was seen. Last day we planned to trade on 10 o'clock range in case of any big gap up/down. The range was broken in the last few min. BANKNIFTY was more trending than NIFTY. It was volatile session.
Coming to tomorrow's trade setup, if we open flat and a 5/15 Min candle closes above 17626 then we will long for the target near gap area- 17710-17730. Next target will be 17825.
For selling we need a 5/15 min candle close below 17525. Downside targets will be 17425 and 17350. Safe traders should consider a short position below 17500.
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.