NIFTY Intraday Trade Setup For 8 Jul 2022
Buy-Above 16150
Sl-16100
T-16200 16250 16300
Sell-Below 16050
Sl-16100
T-15990 15900
NIFTY has closed 0.9% up today. Max gain came from gap up opening. It just consolidated between 10 o'clock trading range(16150-16050). No breakout was seen either side. Tomorrow's trade setup will be based on today's high and low respectively.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 16150 we will long for the target of 16200, 16250 and 16300. 16300-16320 can act as resistance.
Similarly if a 15 Min candle closes below 16050, we will short for the target of 15990 and 15900.
In case of a big gap up near 16300 we will plan for sell below 1st 5 min candle's low.
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 Resistance- 16300-20
Intraday Support- 15900-20
Buy-Above 16150
Sl-16100
T-16200 16250 16300
Sell-Below 16050
Sl-16100
T-15990 15900
NIFTY has closed 0.9% up today. Max gain came from gap up opening. It just consolidated between 10 o'clock trading range(16150-16050). No breakout was seen either side. Tomorrow's trade setup will be based on today's high and low respectively.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 16150 we will long for the target of 16200, 16250 and 16300. 16300-16320 can act as resistance.
Similarly if a 15 Min candle closes below 16050, we will short for the target of 15990 and 15900.
In case of a big gap up near 16300 we will plan for sell below 1st 5 min candle's low.
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 Resistance- 16300-20
Intraday Support- 15900-20
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.