๐ Nifty Intraday Trade Setup
โฑ๏ธ Timeframe to Watch: 15-minute candle
๐ Index: Nifty Spot
๐ Valid For: Today only (Intraday strategy)
โ Buy Setup (Long Trade Idea)
๐ผ Condition:
Wait for the 15-minute candle to close above 25,160.
๐ Action:
Enter a Buy trade above the high of the breakout candle.
๐ฏ Targets:
1st Target: 25,190
2nd Target: 25,230
Final Target: 25,255
๐ Stop Loss: Place SL just below the low of the breakout candle or use a fixed risk amount you're comfortable with.
โ Sell Setup (Short Trade Idea)
๐ฝ Condition:
Wait for the 15-minute candle to close below 24,999.
๐ Action:
Enter a Sell trade below the low of the breakdown candle.
๐ฏ Targets:
1st Target: 24,966
2nd Target: 24,944
Final Target: 24,922
๐ Stop Loss: Place SL just above the high of the breakdown candle or use a fixed amount based on your risk appetite.
๐ Important Notes for Beginners
๐ This setup is for Intraday only โ close your trade before market close.
๐ง Always follow proper risk management โ do not risk more than 1-2% of your capital.
โณ Be patient. Wait for the candle to close before entering the trade โ avoid early entries.
โ๏ธ Use limit or stop-limit orders; avoid market orders in volatile conditions.
โ ๏ธ Disclaimer
๐ซ I am not SEBI registered. This is for educational and informational purposes only.
๐ Please consult your financial advisor before taking any trade based on this analysis.
๐ผ Trading in the stock market involves risk. Do your own research before investing.
โฑ๏ธ Timeframe to Watch: 15-minute candle
๐ Index: Nifty Spot
๐ Valid For: Today only (Intraday strategy)
โ Buy Setup (Long Trade Idea)
๐ผ Condition:
Wait for the 15-minute candle to close above 25,160.
๐ Action:
Enter a Buy trade above the high of the breakout candle.
๐ฏ Targets:
1st Target: 25,190
2nd Target: 25,230
Final Target: 25,255
๐ Stop Loss: Place SL just below the low of the breakout candle or use a fixed risk amount you're comfortable with.
โ Sell Setup (Short Trade Idea)
๐ฝ Condition:
Wait for the 15-minute candle to close below 24,999.
๐ Action:
Enter a Sell trade below the low of the breakdown candle.
๐ฏ Targets:
1st Target: 24,966
2nd Target: 24,944
Final Target: 24,922
๐ Stop Loss: Place SL just above the high of the breakdown candle or use a fixed amount based on your risk appetite.
๐ Important Notes for Beginners
๐ This setup is for Intraday only โ close your trade before market close.
๐ง Always follow proper risk management โ do not risk more than 1-2% of your capital.
โณ Be patient. Wait for the candle to close before entering the trade โ avoid early entries.
โ๏ธ Use limit or stop-limit orders; avoid market orders in volatile conditions.
โ ๏ธ Disclaimer
๐ซ I am not SEBI registered. This is for educational and informational purposes only.
๐ Please consult your financial advisor before taking any trade based on this analysis.
๐ผ Trading in the stock market involves risk. Do your own research before investing.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.