NIFTY Intraday Trade Setup For 15 May 2023
Buy-Above 18345
Sl-18295
T- 18430 18510
Sell-Below 18265
Sl-18315
T- 18190 18115
NIFTY has closed on a bullish sentiment last day and week with 0.10% and 1.36% gain respectively. Last week it was said that we may have a sideways momentum, except Monday it was sideways rest of the days. Based on that range important levels are 18400 and 18200. Sustained breakout of this range will give us a good directional move either side. Also we have been holding our longs from 17685 ; TSL being intact. If a daily candle closes below PDL and that red candle's low is breached then we will exit longs and in that case there will be a pullback scenario.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18345 then we will long for the target of 18430 and 18510.
For selling we need a 15 Min candle close below 18265. T- 18190 and 18115.
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 18345
Sl-18295
T- 18430 18510
Sell-Below 18265
Sl-18315
T- 18190 18115
NIFTY has closed on a bullish sentiment last day and week with 0.10% and 1.36% gain respectively. Last week it was said that we may have a sideways momentum, except Monday it was sideways rest of the days. Based on that range important levels are 18400 and 18200. Sustained breakout of this range will give us a good directional move either side. Also we have been holding our longs from 17685 ; TSL being intact. If a daily candle closes below PDL and that red candle's low is breached then we will exit longs and in that case there will be a pullback scenario.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18345 then we will long for the target of 18430 and 18510.
For selling we need a 15 Min candle close below 18265. T- 18190 and 18115.
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.