NIFTY Intraday Trade Setup For 21 Feb 2023
Buy-Above 17865
Sl-17815
T-17940 18000'
Sell-Below 17815
Sl-17865
T- 17760 17700
NIFTY has closed negative note with 0.56% cut today. It has closed near day low like last day. So below today's low bearish sentiment will continue again. Today it opened and buy triggered above 17955 and hit 1st target 18000. After hitting the 1st target it started to fall and 10 o'clock range broke downside below and sell also triggered and hit 1st target very smoothly. In case of a flat opening one should wait for the 1st 15 Min and then plan the things on levels.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17865 then we will long for the target of 17940 and 18000. In buying always strict in trailing.
For selling we need a 15 min candle close below 17815. T- 17760 and 17700.
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 17865
Sl-17815
T-17940 18000'
Sell-Below 17815
Sl-17865
T- 17760 17700
NIFTY has closed negative note with 0.56% cut today. It has closed near day low like last day. So below today's low bearish sentiment will continue again. Today it opened and buy triggered above 17955 and hit 1st target 18000. After hitting the 1st target it started to fall and 10 o'clock range broke downside below and sell also triggered and hit 1st target very smoothly. In case of a flat opening one should wait for the 1st 15 Min and then plan the things on levels.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17865 then we will long for the target of 17940 and 18000. In buying always strict in trailing.
For selling we need a 15 min candle close below 17815. T- 17760 and 17700.
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.
