NIFTY Intraday Trade Setup For 01 August 2022
Buy-Above 17175
Sl-17120
T- 17235 17300 17400
Sell-Below 17060
Sl-17110
T-17000 16950 16860
NIFTY has closed on a positive note across all the TF( D,W,M). Index is approaching near 17845, also the daily trendline resistance is also placed there. Maintain a bullish view till a daily candle closes below any previous day's low. Immediate important support support is 17000 and 17500 being the resistance.
Coming to Monday's trade setup, if index opens flat and a 5 Min candle closes above 17175, we will long for the target of 17235, 17300 and 17400. Book max near 17300.
In case a 5 min candle closes below 17060, we will short for the target of 17000, 16950 and 16860.
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 17175
Sl-17120
T- 17235 17300 17400
Sell-Below 17060
Sl-17110
T-17000 16950 16860
NIFTY has closed on a positive note across all the TF( D,W,M). Index is approaching near 17845, also the daily trendline resistance is also placed there. Maintain a bullish view till a daily candle closes below any previous day's low. Immediate important support support is 17000 and 17500 being the resistance.
Coming to Monday's trade setup, if index opens flat and a 5 Min candle closes above 17175, we will long for the target of 17235, 17300 and 17400. Book max near 17300.
In case a 5 min candle closes below 17060, we will short for the target of 17000, 16950 and 16860.
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.
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.