NIFTY Intraday Trade Setup For 4 Nov 2022
NIFTY Intraday Trade Setup For 4 Nov 2022
Buy-Above 18107
Sl-18055
T-18170 18272 18350
Sell- Below 18000
Sl-18050
T-17935 17886 17835
NIFTY has closed on almost on a flat note with just 30 points cut. Today it opened directly at our 1st sell target with a decent gap down due to FOMC outcome. Later 10 o'clock range broke upside and just gave 26 points and reversed from important resistance already plotted at 18100. Now we need some price action to build the next view, let the weekly candle close. Intraday resistance and support will be 18100-10 and 18000 respectively. Breakout of this range on flat opening will give the momentum either side.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18107 then we will long for the target of 17170. Above 18180 we will inch higher towards 18272 and 18350.
For selling we need a 15 Min candle close below 18000. Target will be 17935, 17885 and 17835.
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 18107
Sl-18055
T-18170 18272 18350
Sell- Below 18000
Sl-18050
T-17935 17886 17835
NIFTY has closed on almost on a flat note with just 30 points cut. Today it opened directly at our 1st sell target with a decent gap down due to FOMC outcome. Later 10 o'clock range broke upside and just gave 26 points and reversed from important resistance already plotted at 18100. Now we need some price action to build the next view, let the weekly candle close. Intraday resistance and support will be 18100-10 and 18000 respectively. Breakout of this range on flat opening will give the momentum either side.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18107 then we will long for the target of 17170. Above 18180 we will inch higher towards 18272 and 18350.
For selling we need a 15 Min candle close below 18000. Target will be 17935, 17885 and 17835.
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.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。