NIFTY Intraday Trade Setup For 24 Feb 2022
NIFTY Intraday Trade Setup For 24 Feb 2022
Buy-Above 17220
Sl-17180
T-17293 17350
Sell-Below 17025
Sl-17060
T-16973 16950
NIFTY has closed almost flat flat today. We planned to above 17150 it tried to push itself but just gave 40-45 points profit from there. Later in the second trading session it broke the intraday range lower side and filled the gap created yesterday.
Coming to tomorrow's trade setup, we have a very narrow range. First of all if index opens flat and crosses today's low - 17025 then we will sell for a small target of 16973.
If index opens with a very big down then if the first 5 Min candle is bullish then above that candle high we will buy with sane candle low as sl.
For buying we need to wait till today's high is crossed. Till then avoid buying. Range is becoming too narrow. Market is likely to give a big directional move above 17500 and below 16800.
Buy-Above 17220
Sl-17180
T-17293 17350
Sell-Below 17025
Sl-17060
T-16973 16950
NIFTY has closed almost flat flat today. We planned to above 17150 it tried to push itself but just gave 40-45 points profit from there. Later in the second trading session it broke the intraday range lower side and filled the gap created yesterday.
Coming to tomorrow's trade setup, we have a very narrow range. First of all if index opens flat and crosses today's low - 17025 then we will sell for a small target of 16973.
If index opens with a very big down then if the first 5 Min candle is bullish then above that candle high we will buy with sane candle low as sl.
For buying we need to wait till today's high is crossed. Till then avoid buying. Range is becoming too narrow. Market is likely to give a big directional move above 17500 and below 16800.
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