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Trading_hawk
Sep 15, 2021 5:50 PM

Simple Trade Setup | NIFTY | 16-09-2021 [INTRADAY] 

NSE:NIFTY15
Nifty 50 IndexNSE

Description

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NSE:NIFTY


Trade Setup for Date 16-09-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

Please refer below chart for levels.


Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL.

Trade closed: target reached

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Trend AnalysisNIFTYnifty50niftyanalysisniftytrendniftypredictionniftylevelsniftytargetniftytradesetupniftylevelsexpiry
Comments
MrReddy24
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Sir need your views on INDUSTOWER ans NHPC
Trading_hawk
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Hi @MrReddy24,

Are you looking for investment [short - mid term holding] ? or want to do intraday?
MrReddy24
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@Trading_hawk Investment sir
MrReddy24
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@MrReddy24 short term investment
Trading_hawk
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@MrReddy24,
INDUSTOWER.

You can buy from CMP or wait till the level of 282 gets broken. SL will be 237 and short/mid term targets 300/320/332.

MrReddy24
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@MrReddy24 Mostly like BTST Sir
Trading_hawk
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@MrReddy24, For BTST better to go long on sustainable breakout of 282 level on daily time frame for INDUSTOWER.
Trading_hawk
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@MrReddy24,

For NHPC, my personal opinion is to enter on long side is to wait until it breakout 30 level and stays above it.
Wait for Sustainable breakout of 30 level on daily time frame. It will give better Risk reward for short term investment.
MrReddy24
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@Trading_hawk Thank you sir,I will keep these on my radar.
sir can you please suggest best platform to learn stock market.
Trading_hawk
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@MrReddy24,

I don't know any platform but if you want I can share some books to your mail. That you can read.
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