NIFTY Intraday Trade Setup For 29 Jun 2022
Buy-Above 15930
Sl-15880
T-16000 16050
Sell-Below 15780
Sl-15840
T-15710 15620
NIFTY has closed almost flat today. Closing is at day high. This positive sentiment may continue above today's high. Last day we planned to sell below 15815. It triggered and gave 50 points, 1:1 profits.
Coming to tomorrow's trade setup, if index opens flat and a 15 min candle closes above the trendline resistance plotted. We will long for the target of 16000 and 16050. Safe traders should enter above 15930 on a 15 Min candle close.
In case a 15 Min candle closes below 15790 then below 15780 we will short for the target of 15710. Below 15700 next move will come till 15620 and 15500.
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.
Intraday Resistance- 16200
Intraday Support- 15485-15500
Buy-Above 15930
Sl-15880
T-16000 16050
Sell-Below 15780
Sl-15840
T-15710 15620
NIFTY has closed almost flat today. Closing is at day high. This positive sentiment may continue above today's high. Last day we planned to sell below 15815. It triggered and gave 50 points, 1:1 profits.
Coming to tomorrow's trade setup, if index opens flat and a 15 min candle closes above the trendline resistance plotted. We will long for the target of 16000 and 16050. Safe traders should enter above 15930 on a 15 Min candle close.
In case a 15 Min candle closes below 15790 then below 15780 we will short for the target of 15710. Below 15700 next move will come till 15620 and 15500.
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.
Intraday Resistance- 16200
Intraday Support- 15485-15500
