📊 Nifty Intraday Trading Strategy – Key Levels 📊
📌 Buy Setup
🔹 Buy Above: 23,185 (Only after confirmation)
🎯 Target 1: 23,220
🎯 Target 2: 23,260
🎯 Target 3: 23,310
📍 Stop Loss: Below the 15-minute candle low after breakout confirmation.
🔹 Conditions for Buying:
✅ A 15-minute candle must close above 23,185 to confirm the breakout.
✅ Enter a buy position only if the price crosses above the high of this 15-minute candle.
✅ Wait for a retest or sustained momentum before entering a trade.
✅ Ensure volume confirmation and market trend alignment before taking a position.
📌 Sell Setup
🔹 Sell Below: 22,964 (Only after confirmation)
🎯 Target 1: 22,910
🎯 Target 2: 22,860
🎯 Target 3: 22,820
📍 Stop Loss: Above the 15-minute candle high after breakdown confirmation.
🔹 Conditions for Selling:
✅ A 15-minute candle must close below 22,964 to confirm the breakdown.
✅ Enter a sell position only if the price drops below the low of this 15-minute candle.
✅ Avoid early entries—wait for a proper close below this level.
✅ Watch for volume confirmation and trend continuation before entering a short position.
⚠ Important Notes:
🔸 Risk Management: Always use stop-loss and proper position sizing to protect your capital.
🔸 Market Conditions: Consider global cues, economic data, and overall sentiment before trading.
🔸 Volatility Caution: Avoid trading during high-impact news events and sudden spikes.
📌 Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only and should not be considered financial advice. Please consult a certified financial professional before making any trading decisions. Trade at your own risk.
📌 Buy Setup
🔹 Buy Above: 23,185 (Only after confirmation)
🎯 Target 1: 23,220
🎯 Target 2: 23,260
🎯 Target 3: 23,310
📍 Stop Loss: Below the 15-minute candle low after breakout confirmation.
🔹 Conditions for Buying:
✅ A 15-minute candle must close above 23,185 to confirm the breakout.
✅ Enter a buy position only if the price crosses above the high of this 15-minute candle.
✅ Wait for a retest or sustained momentum before entering a trade.
✅ Ensure volume confirmation and market trend alignment before taking a position.
📌 Sell Setup
🔹 Sell Below: 22,964 (Only after confirmation)
🎯 Target 1: 22,910
🎯 Target 2: 22,860
🎯 Target 3: 22,820
📍 Stop Loss: Above the 15-minute candle high after breakdown confirmation.
🔹 Conditions for Selling:
✅ A 15-minute candle must close below 22,964 to confirm the breakdown.
✅ Enter a sell position only if the price drops below the low of this 15-minute candle.
✅ Avoid early entries—wait for a proper close below this level.
✅ Watch for volume confirmation and trend continuation before entering a short position.
⚠ Important Notes:
🔸 Risk Management: Always use stop-loss and proper position sizing to protect your capital.
🔸 Market Conditions: Consider global cues, economic data, and overall sentiment before trading.
🔸 Volatility Caution: Avoid trading during high-impact news events and sudden spikes.
📌 Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only and should not be considered financial advice. Please consult a certified financial professional before making any trading decisions. Trade at your own risk.
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.