๐ NIFTY TRADING IDEA
Instrument: Nifty Index
Timeframe: โฑ๏ธ 15-Minute Candle
Strategy: Breakout Method (Buy above High / Sell below Low)
โ BUY SETUP โ LONG TRADE
๐ Condition to Buy:
Wait for a 15-minute candle to close above 25,265
Then, Buy above the high of that candle.
๐ Example:
A 15-minute candle closes at 25,267
The high of that candle is 25,270
Your Buy Entry = 25,270.10 (just above the high)
๐ฏ Target Levels:
Target 1: 25,295
Target 2: 25,322
Target 3: 25,352
๐ก๏ธ Stop Loss:
Place stop loss below the low of the breakout candle (e.g., 25,255 or based on actual candle low)
๐ข Why this setup works?
A close above 25,265 followed by a breakout above the high often signals bullish strength in short timeframes.
๐ป SELL SETUP โ SHORT TRADE
๐ Condition to Sell:
Wait for a 15-minute candle to close below 25,158
Then, Sell below the low of that candle.
๐ Example:
A 15-minute candle closes at 25,156
The low of that candle is 25,153
Your Sell Entry = 25,152.90 (just below the low)
๐ฏ Target Levels:
Target 1: 25,118
Target 2: 25,088
Target 3: 25,058
๐ก๏ธ Stop Loss:
Place stop loss above the high of the breakdown candle (e.g., 25,165 or based on actual high)
๐ด Why this setup works?
A close below 25,158 followed by a breakdown below the low shows bearish momentum and potential for downside.
๐ QUICK TIPS
โ Wait for the 15-minute candle to fully close โ no early entries
๐ฏ Use alerts or conditional orders for precise entries
๐ Always place a stop loss โ protect your capital
๐ผ Risk only 1โ2% of your total capital per trade
๐ Monitor charts during market hours with good volume
โ ๏ธ DISCLAIMER
๐ This trading idea is meant for educational purposes only. Trading involves financial risk, and there's no guarantee of profit. Please do your own analysis or consult a financial advisor. We are not liable for any gains or losses from your trading decisions. I am not SEBI registered advisor.
Instrument: Nifty Index
Timeframe: โฑ๏ธ 15-Minute Candle
Strategy: Breakout Method (Buy above High / Sell below Low)
โ BUY SETUP โ LONG TRADE
๐ Condition to Buy:
Wait for a 15-minute candle to close above 25,265
Then, Buy above the high of that candle.
๐ Example:
A 15-minute candle closes at 25,267
The high of that candle is 25,270
Your Buy Entry = 25,270.10 (just above the high)
๐ฏ Target Levels:
Target 1: 25,295
Target 2: 25,322
Target 3: 25,352
๐ก๏ธ Stop Loss:
Place stop loss below the low of the breakout candle (e.g., 25,255 or based on actual candle low)
๐ข Why this setup works?
A close above 25,265 followed by a breakout above the high often signals bullish strength in short timeframes.
๐ป SELL SETUP โ SHORT TRADE
๐ Condition to Sell:
Wait for a 15-minute candle to close below 25,158
Then, Sell below the low of that candle.
๐ Example:
A 15-minute candle closes at 25,156
The low of that candle is 25,153
Your Sell Entry = 25,152.90 (just below the low)
๐ฏ Target Levels:
Target 1: 25,118
Target 2: 25,088
Target 3: 25,058
๐ก๏ธ Stop Loss:
Place stop loss above the high of the breakdown candle (e.g., 25,165 or based on actual high)
๐ด Why this setup works?
A close below 25,158 followed by a breakdown below the low shows bearish momentum and potential for downside.
๐ QUICK TIPS
โ Wait for the 15-minute candle to fully close โ no early entries
๐ฏ Use alerts or conditional orders for precise entries
๐ Always place a stop loss โ protect your capital
๐ผ Risk only 1โ2% of your total capital per trade
๐ Monitor charts during market hours with good volume
โ ๏ธ DISCLAIMER
๐ This trading idea is meant for educational purposes only. Trading involves financial risk, and there's no guarantee of profit. Please do your own analysis or consult a financial advisor. We are not liable for any gains or losses from your trading decisions. I am not SEBI registered advisor.
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.