NIFTY Intraday trade Setup For 04 Mar 2022
NIFTY Intraday trade Setup For 04 Mar 2022
Buy-Above 16580
Sl-16530
T-16660 16720
Sell-Below 16470
Sl-16520
T-16380 16350
NIFTY opened with a decent gap up after the 10 o'clock range broke downside below 16610 it fell till 16443.
Coming to tomorrow's trade setup, we are going to use the 2nd trading session range to build our trade, If we get a 15 candle close above 16570 then above 16580 we will buy for the target of 16650 and 16720.
For selling we need a 15 min candle close below 16470. Below that candle low we will sell for the target of 16370 and 16350. Below 16350 it can show a good momentum till 16200.
In case of a big gap up/down we will wait till 10 o'clock range and trade that range breakout/breakdown.
Buy-Above 16580
Sl-16530
T-16660 16720
Sell-Below 16470
Sl-16520
T-16380 16350
NIFTY opened with a decent gap up after the 10 o'clock range broke downside below 16610 it fell till 16443.
Coming to tomorrow's trade setup, we are going to use the 2nd trading session range to build our trade, If we get a 15 candle close above 16570 then above 16580 we will buy for the target of 16650 and 16720.
For selling we need a 15 min candle close below 16470. Below that candle low we will sell for the target of 16370 and 16350. Below 16350 it can show a good momentum till 16200.
In case of a big gap up/down we will wait till 10 o'clock range and trade that range breakout/breakdown.
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