Omahto

NIFTY Intraday Trade Setup For 22 Jun 2023

NSE:NIFTY   Nifty 50 Index
NIFTY Intraday Trade Setup For 22 Jun 2023

Buy-Above 18880
Sl-18830
T- 18967 19058

Sell-Below 18790
Sl-18840
T- 18721 18649

NIFTY has closed with slight bullish sentiment with 0.21% gain today. Buy triggered as per trade setup today and it gave small gain and eventually closed slightly above buying price. Tomorrow we will follow the range of today's high and low. Directional momentum can be triggered any side above and below 18880 and 18790. It will be sideways between this range. Important resistance is 19060 and 18650 being the support for tomorrow's session.

Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 18880 then we will long for the target of 18967 and 19058.

For selling we need a 15 Min candle close below 18790. T- 18721 and 18650.

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.

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