Nifty Trading Strategyy for 03rd March 2025
📈 Nifty Trade Setup 📉
💰 Entry Strategy:
🔼 Buy Above: The high of the 1-hour candle that closes above 22,250
🎯 Targets: 22,316 | 22,395 | 22,473
🔽 Sell Below: The low of the 15-minute candle that closes below 22,100
🎯 Targets: 22,029 | 21,934 | 21,855
📊 Trade Explanation:
Why wait for a candle close?
A 1-hour candle closing above 22,250 confirms bullish strength, filtering out false breakouts.
A 15-minute candle closing below 22,100 provides an early signal of bearish momentum.
Advantages of this approach:
Reduces false breakouts and whipsaws.
Aligns with price action confirmation, increasing trade accuracy.
Works well with additional indicators like RSI, MACD, Moving Averages, or Volume Analysis for extra confirmation.
⚠️ Disclaimer:
I am not a SEBI-registered analyst or advisor. The information provided here is for educational and informational purposes only and should not be considered as financial or investment advice. Trading in the stock market involves significant risk, and there is no guarantee of profit. You are solely responsible for your trading decisions, and it is strongly recommended to conduct your own research or consult a SEBI-registered financial professional before making any trading or investment decisions. Past performance is not indicative of future results.
💰 Entry Strategy:
🔼 Buy Above: The high of the 1-hour candle that closes above 22,250
🎯 Targets: 22,316 | 22,395 | 22,473
🔽 Sell Below: The low of the 15-minute candle that closes below 22,100
🎯 Targets: 22,029 | 21,934 | 21,855
📊 Trade Explanation:
Why wait for a candle close?
A 1-hour candle closing above 22,250 confirms bullish strength, filtering out false breakouts.
A 15-minute candle closing below 22,100 provides an early signal of bearish momentum.
Advantages of this approach:
Reduces false breakouts and whipsaws.
Aligns with price action confirmation, increasing trade accuracy.
Works well with additional indicators like RSI, MACD, Moving Averages, or Volume Analysis for extra confirmation.
⚠️ Disclaimer:
I am not a SEBI-registered analyst or advisor. The information provided here is for educational and informational purposes only and should not be considered as financial or investment advice. Trading in the stock market involves significant risk, and there is no guarantee of profit. You are solely responsible for your trading decisions, and it is strongly recommended to conduct your own research or consult a SEBI-registered financial professional before making any trading or investment decisions. Past performance is not indicative of future results.
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.