NIFTY Intraday Trade Setup For 14 Mar 2023
Buy-Above 17200
Sl-17150
T- 17290 17380
Sell-Below 17110
Sl-17160
T- 16995 16887
NIFTY has closed on a bearish sentiment with 1.49% cut. Today it finally hit our 1st sell target which was triggered below 17760. It was explained in the weekend that below 17320 next selling will be triggered and this move can be leg towards 16695.TSL will ne PDH on CB. 1st of all buy triggered today and hit our 1st target 17525. Later sell triggered below 17365 and hit all targets. Trade gave more than 200 points and no previous swing high was tested. A pullback can be expected now and this can pull this towards 17380 if today's low is safe and price makes a bullish structure. Down move will continue below today's low.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17200 then we will long for the target of 17290 and 17380.
For selling we need a 15 Min candle close below 17110. T- 16995 and 16887.
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 17200
Sl-17150
T- 17290 17380
Sell-Below 17110
Sl-17160
T- 16995 16887
NIFTY has closed on a bearish sentiment with 1.49% cut. Today it finally hit our 1st sell target which was triggered below 17760. It was explained in the weekend that below 17320 next selling will be triggered and this move can be leg towards 16695.TSL will ne PDH on CB. 1st of all buy triggered today and hit our 1st target 17525. Later sell triggered below 17365 and hit all targets. Trade gave more than 200 points and no previous swing high was tested. A pullback can be expected now and this can pull this towards 17380 if today's low is safe and price makes a bullish structure. Down move will continue below today's low.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17200 then we will long for the target of 17290 and 17380.
For selling we need a 15 Min candle close below 17110. T- 16995 and 16887.
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.
