Omahto

NIFTY Intraday Trade Setup For 28 Mar 2023

NSE:NIFTY   Nifty 50 Index
NIFTY Intraday Trade Setup For 28 Mar 2023

Buy-Above 17095
Sl-17045
T- 17210 17300

Sell-Below 16915
Sl-16965
T-16815 16700

NIFTY has closed on a slight bullish note with 0.24% gain. Inverted hammer like candle has been formed in daily TF which indicates bull's try in today's session. High and low of today's session is important for direction picking. Below today's low there can be good fall and if it sustains above 17095 then we can see good up move. Today buy triggered above 17000 and gave 90 points. It was kangaroo market today.

Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17095 then we will long for the target of 17210 and 17300.

For selling we need a 15 Min candle close below 16915. T-16815 and 16700.

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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