NIFTY Intraday Trade Setup For 16 Mar 2022
Buy-Above 16710
Sl-16660
T-16800 16850
Sell-Below 16550
Sl-16600
T-16450 16380
NIFTY has closed 200 points in red. We planned to buy above 16890 if we get a 15 Min candle close above that. We did not get a 15 Min candle close above that. Our sell level was 16800. As soon as it was breached index dived till 16555.
Coming to tomorrow's trade setup, we will sell below today's low of 16550 for the target of 16450 and 16380. However if we see a gap up opening near 16800 then we will sell with 50 points sl.
For buying we need a 15 Min candle close above 16710. Target will be 16800 and 16850 in that case. Maintain sell on rise approach till today's high of 16930 is not breached.
in case of any big gap up/down , wait till 10 o'clock and trade that range breakout/breakdown.
Buy-Above 16710
Sl-16660
T-16800 16850
Sell-Below 16550
Sl-16600
T-16450 16380
NIFTY has closed 200 points in red. We planned to buy above 16890 if we get a 15 Min candle close above that. We did not get a 15 Min candle close above that. Our sell level was 16800. As soon as it was breached index dived till 16555.
Coming to tomorrow's trade setup, we will sell below today's low of 16550 for the target of 16450 and 16380. However if we see a gap up opening near 16800 then we will sell with 50 points sl.
For buying we need a 15 Min candle close above 16710. Target will be 16800 and 16850 in that case. Maintain sell on rise approach till today's high of 16930 is not breached.
in case of any big gap up/down , wait till 10 o'clock and trade that range breakout/breakdown.
