NIFTY Intraday Trade Setup For 9 Sep 2022
Buy-Above 17810
Sl-17760
T-17900 17992 18087
Sell-Below 17690
Sl- 17740
T- 17600 17535 17480
NIFTY has closed on a positive note with 1% gain. It has closed above the range (17780-17450) which was valid since last one week. Last day we planned to buy above 17651 but opened at our targets 17780. We already planned to trade on 10 o'clock range breakout in case of any big gap up/down. 10 o'clock range broke downside below 17720 and gave 40 points.
Coming to tomorrow's trade setup, if index opens flat and 5/15 Min candle closes above 17810 then we will long for the target of 17900 and 17992. If 18000 is breached in flow then extended target will be 18087.
For selling we need a 15 Min candle close below 17690. Post breakdown we will hit 17600, 17535 and 17470.
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 17810
Sl-17760
T-17900 17992 18087
Sell-Below 17690
Sl- 17740
T- 17600 17535 17480
NIFTY has closed on a positive note with 1% gain. It has closed above the range (17780-17450) which was valid since last one week. Last day we planned to buy above 17651 but opened at our targets 17780. We already planned to trade on 10 o'clock range breakout in case of any big gap up/down. 10 o'clock range broke downside below 17720 and gave 40 points.
Coming to tomorrow's trade setup, if index opens flat and 5/15 Min candle closes above 17810 then we will long for the target of 17900 and 17992. If 18000 is breached in flow then extended target will be 18087.
For selling we need a 15 Min candle close below 17690. Post breakdown we will hit 17600, 17535 and 17470.
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.
