NIFTY Intraday Trade Setup For 16 Jun 2022
NIFTY Intraday Trade Setup For 16 Jun 2022
Buy-Above 15785
Sl-15740
T-15850 15900
Sell-Below 15660
Sl-15710
T-15575 15490
NIFTY has formed an inside candle in daily TF. High and low of the mother candle will be levels to buy and sell. Market traded inside a range overall. It has closed at support. We will simply trade above and below today's high and low.
Coming to tomorrow's trade setup, if a 15 Min candle closes below 15680(safer level- 15660) we will short for the target of 15575 and 15490. Final target will be 15350 in the coming days.
For buying we need a candle close above 15785 to initiate a long position for the target of 15850 and 15900.
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.
Intraday Support- 15660
Intraday Resistance- 15900
Hourly Support- 15350
Hourly Resistance- 16200
Buy-Above 15785
Sl-15740
T-15850 15900
Sell-Below 15660
Sl-15710
T-15575 15490
NIFTY has formed an inside candle in daily TF. High and low of the mother candle will be levels to buy and sell. Market traded inside a range overall. It has closed at support. We will simply trade above and below today's high and low.
Coming to tomorrow's trade setup, if a 15 Min candle closes below 15680(safer level- 15660) we will short for the target of 15575 and 15490. Final target will be 15350 in the coming days.
For buying we need a candle close above 15785 to initiate a long position for the target of 15850 and 15900.
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.
Intraday Support- 15660
Intraday Resistance- 15900
Hourly Support- 15350
Hourly Resistance- 16200
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.