Omahto

NIFTY Intraday Trade Setup For 24 Jun 2022

NSE:NIFTY   Nifty 50 Index
NIFTY Intraday Trade Setup For 24 Jun 2022

Buy-Above 15630
Sl-15575
T-15700 15800 15900

Sell-Below 15490
Sl-15550
T-15400 15300 15200

NIFTY closed with 1% gain today after huge mega moves in intraday. Last day we planned to buy above above 15470. It triggered and hit our target 15625. It gave a dot reversal from our PRZ, from 15625 it crashed till 15370 and made a fresh low.

Coming to tomorrow's trade setup, we will buy above 15630 if a 15 Min candle closes above the level. Targets will be 15700, 15800 and 15900.

For selling we need a 15 Min candle close below 15500. Below its low we will sell for the target of 15400. In the flow if 15360 if breached then next target will be 15300 and 15250.

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.

Intraday Support- 15370
Intraday Resistance- 15800

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