NIFTY Intraday Trade Setup For 29 Dec 2022
Buy-Above 18175
Sl-18125
T-18245 18340
Sell-Below 18065
Sl-18115
T-17959 17859
NIFTY has closed on flat note today. Closing is evident to tell the sentiment that was there in today's session- complete sideways. It traded within 105 points range the whole day. Buy triggered as per trade setup but I updated to avoid that as sideways was pretty much sensed.
Daily candle is a small candle with just 105 points range. Next movement will be triggered above and below today's high and low.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle close above 18175 then we will long. T- 18245 and 18340.
For selling we need a 15 min candle close below 18065.T- 17959 and 17859. 18k is mid way.
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 18175
Sl-18125
T-18245 18340
Sell-Below 18065
Sl-18115
T-17959 17859
NIFTY has closed on flat note today. Closing is evident to tell the sentiment that was there in today's session- complete sideways. It traded within 105 points range the whole day. Buy triggered as per trade setup but I updated to avoid that as sideways was pretty much sensed.
Daily candle is a small candle with just 105 points range. Next movement will be triggered above and below today's high and low.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle close above 18175 then we will long. T- 18245 and 18340.
For selling we need a 15 min candle close below 18065.T- 17959 and 17859. 18k is mid way.
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.
