NIFTY Intraday Trade Setup For 15 Dec 2022
NIFTY Intraday Trade Setup For 15 Dec 2022
Buy-Above 18700
Sl-18650
T-18800 18900
Sell-Below 18630
Sl-18680
T-18560 18480
NIFTY has closed with slight positive gain of 0.28%. Majority of the gain is contributed only by the gap up. Today is another historic day in the past few months where NIFTY traded between 60 points range. This is all because of VIX. We have been updating that till the time VIX is below 17 these type of days are common where short length move will be seen. Today it opened with a decent gap up and just consolidated.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 18700 then we will long for the target of 18800 and 18900.
For selling we need a 15 Min candle close below 18630. Target will be 18560 and 18480. Post bounce from 18480 zone if the recent swing low will be broken then we can see directional move.
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 18700
Sl-18650
T-18800 18900
Sell-Below 18630
Sl-18680
T-18560 18480
NIFTY has closed with slight positive gain of 0.28%. Majority of the gain is contributed only by the gap up. Today is another historic day in the past few months where NIFTY traded between 60 points range. This is all because of VIX. We have been updating that till the time VIX is below 17 these type of days are common where short length move will be seen. Today it opened with a decent gap up and just consolidated.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 18700 then we will long for the target of 18800 and 18900.
For selling we need a 15 Min candle close below 18630. Target will be 18560 and 18480. Post bounce from 18480 zone if the recent swing low will be broken then we can see directional move.
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.
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