NIFTY Intraday Trade Setup For 4 Mar 2025
Bullish-Above 22270
Invalid-Below 22220
T- 22550+
Bearish-Below 22000
Invalid-Above 22050
T- 21660
NIFTY has closed on a flat note today, it was a 2 way move day. Index opened gap up and was sold into immediately till 22k. 22000 acted as an intraday support. 21600 zone will be a strong support zone as per 2.0 PRZ in daily and weekly TF. As of now we have been following sell on rise as index is continuously closing below PDH and is below 50 EMA in daily TF. 22270 and 22000 are intraday levels for tomorrow.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22270 then we will long for the target of 22550+.
For selling we need a 15 Min candle close below 22000. T- 21660.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bullish-Above 22270
Invalid-Below 22220
T- 22550+
Bearish-Below 22000
Invalid-Above 22050
T- 21660
NIFTY has closed on a flat note today, it was a 2 way move day. Index opened gap up and was sold into immediately till 22k. 22000 acted as an intraday support. 21600 zone will be a strong support zone as per 2.0 PRZ in daily and weekly TF. As of now we have been following sell on rise as index is continuously closing below PDH and is below 50 EMA in daily TF. 22270 and 22000 are intraday levels for tomorrow.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22270 then we will long for the target of 22550+.
For selling we need a 15 Min candle close below 22000. T- 21660.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
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.