NIFTY Intraday Trade Setup For 14 Sep 2022
Buy-Above 18090
Sl-18040
T-18150 18217
Sell-Below 18050
Sl-18090
T-17980 17925
NIFTY has closed on a positive note with 0.75% gain. It has closed above the psychological level 18000. Last day we planned to buy above 17981 for the target of 18087 which was hit. But it opened with a decent gap up. We already planned to trade on 10 o'clock range breakout in case of any big gap up/down. It broke upside above 18065 and gave a small move till our planned target 18087.
Coming to tomorrow's trade setup, if index opens flat and a 5/15 Min candle closes above 18090 then we will long for the target of 18150 and 18217.
On a flat opening if a 5/15 Min candle closes below 18057 then we will short for the target of 18020, 17980 and 17925.
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.
Important support is 17700 for tomorrow.
Buy-Above 18090
Sl-18040
T-18150 18217
Sell-Below 18050
Sl-18090
T-17980 17925
NIFTY has closed on a positive note with 0.75% gain. It has closed above the psychological level 18000. Last day we planned to buy above 17981 for the target of 18087 which was hit. But it opened with a decent gap up. We already planned to trade on 10 o'clock range breakout in case of any big gap up/down. It broke upside above 18065 and gave a small move till our planned target 18087.
Coming to tomorrow's trade setup, if index opens flat and a 5/15 Min candle closes above 18090 then we will long for the target of 18150 and 18217.
On a flat opening if a 5/15 Min candle closes below 18057 then we will short for the target of 18020, 17980 and 17925.
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.
Important support is 17700 for tomorrow.
