📈 NIFTY Intraday Breakout Strategy (15-Min Chart)
🗓️ Timeframe: 15-Minute Candle
📍 Instrument: NIFTY Futures / NIFTY Index (based on your preferred trading setup)
🛠️ Strategy Type: Intraday – Breakout Based
🟢 BUY Setup:
✅ Entry Condition:
Go long (Buy) if a 15-minute candle closes above its high, and that high is above 25,435.
🎯 Tarets:
🔹 Target 1: 25,460
🔹 Target 2: 25,490
🔹 Target 3: 25,535
🛑 Suggested Stop Loss: Below the breakout candle's low.
📌 Tip: Ensure proper volume confirmation and avoid entering during sideways or volatile news events.
🔴 SELL Setup:
✅ Entry Condition:
Go short (Sell) if a 15-minute candle closes below its low, and that low is below 25,300.
🎯 Targets:
🔻 Target 1: 25,270
🔻 Target 2: 25,245
🔻 Target 3: 25,205
🛑 Suggested Stop Loss: Above the breakdown candle's high.
📌 Tip: Best executed during trending market sessions, especially near market open or post-lunch volatility.
🧠 Pro Tips:
Combine with moving averages or RSI divergence for added confirmation.
Avoid trading during major economic events like RBI policy, inflation data, or global cues unless you are experienced.
Always maintain a Risk-Reward Ratio of 1:2 or better.
⚠️ Disclaimer:
This trading idea is shared for educational purposes only. I am not a SEBI registered advisor. Please do your own research or consult a certified financial advisor before acting on any trade ideas.
Trading and investing in the stock market involves significant risk. Always use stop-loss and proper risk management.
🗓️ Timeframe: 15-Minute Candle
📍 Instrument: NIFTY Futures / NIFTY Index (based on your preferred trading setup)
🛠️ Strategy Type: Intraday – Breakout Based
🟢 BUY Setup:
✅ Entry Condition:
Go long (Buy) if a 15-minute candle closes above its high, and that high is above 25,435.
🎯 Tarets:
🔹 Target 1: 25,460
🔹 Target 2: 25,490
🔹 Target 3: 25,535
🛑 Suggested Stop Loss: Below the breakout candle's low.
📌 Tip: Ensure proper volume confirmation and avoid entering during sideways or volatile news events.
🔴 SELL Setup:
✅ Entry Condition:
Go short (Sell) if a 15-minute candle closes below its low, and that low is below 25,300.
🎯 Targets:
🔻 Target 1: 25,270
🔻 Target 2: 25,245
🔻 Target 3: 25,205
🛑 Suggested Stop Loss: Above the breakdown candle's high.
📌 Tip: Best executed during trending market sessions, especially near market open or post-lunch volatility.
🧠 Pro Tips:
Combine with moving averages or RSI divergence for added confirmation.
Avoid trading during major economic events like RBI policy, inflation data, or global cues unless you are experienced.
Always maintain a Risk-Reward Ratio of 1:2 or better.
⚠️ Disclaimer:
This trading idea is shared for educational purposes only. I am not a SEBI registered advisor. Please do your own research or consult a certified financial advisor before acting on any trade ideas.
Trading and investing in the stock market involves significant risk. Always use stop-loss and proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.