NIFTY Intraday Trade Setup For 13 Apr 2023
Buy-Above 17826
Sl-17775
T-17890 18045
Sell-Below 17765
Sl-17815
T- 17690 17600
NIFTY has closed on a bullish note once again 0.5% gain. With no surprise today also buy triggered as per trade setup and hit our 1st target very smoothly. Trade gave more than 70 points gain (17750-17825). Till now index has safeguarded PDL (CB). We have been updating after 31 Mar that index's bullish momentum will be intact till we safeguard PDL (CB). Same has been happening. Sentimental halt or the pullback move will be initiated when we close below PDL and that candle's low is triggered the next day.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17826 then we will long for the target of 17890 and 17955.
For selling we need a 15 Min candle close below 17765. T- 17690 and 17600.
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 17826
Sl-17775
T-17890 18045
Sell-Below 17765
Sl-17815
T- 17690 17600
NIFTY has closed on a bullish note once again 0.5% gain. With no surprise today also buy triggered as per trade setup and hit our 1st target very smoothly. Trade gave more than 70 points gain (17750-17825). Till now index has safeguarded PDL (CB). We have been updating after 31 Mar that index's bullish momentum will be intact till we safeguard PDL (CB). Same has been happening. Sentimental halt or the pullback move will be initiated when we close below PDL and that candle's low is triggered the next day.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17826 then we will long for the target of 17890 and 17955.
For selling we need a 15 Min candle close below 17765. T- 17690 and 17600.
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.
