Omahto

NIFTY Intraday Trade Setup For 21 Dec 2021

NSE:NIFTY   Nifty 50 Index
NIFTY Intraday Trade Setup For 21 Dec 2021

Buy- None

1)Sell-16800-15
Sl-16840
T-16700 16600

2)Below 16400
Sl-16440
T-16250

NIFTY has broke an important support 16800 in the daily TF. Targets have opened for for 16000.

Index is short on every rise. If you seen any pullback then simply wait for breakdown and short with previous swing as sl in intraday.

There are two sell levels one if we see gap up opening around 16800 or price comes to this zone we will short as sl is very small here and reward is too good. Avoid buying.

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.