NIFTY Intraday Trade Setup For 30 Nov 2022
Buy-Above 18680
Sl-18630
T-18775 18855 18930
Sell-Below 18600
Sl-18650
T-18545 18450 18365
NIFTY has closed closed on a positive note with 0.3% gain. Our swing long target hit finally! Now one can book some profit or trail. It opened flat today and buy triggered as per trade setup. Trade gave more than 1:1 slowly and steadily (18615- 18678). In the second half we saw profit booking in both the indices. This profit booking will continue below today's low.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 18680 then we will long for the target of 18775, 18855 and extended target 18930.
For selling we need a 15 Min candle close below 18600. A pullback is need before breakdown. Target will be 18545. Below this it will test 18450 and 18365.
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.
Buy-Above 18680
Sl-18630
T-18775 18855 18930
Sell-Below 18600
Sl-18650
T-18545 18450 18365
NIFTY has closed closed on a positive note with 0.3% gain. Our swing long target hit finally! Now one can book some profit or trail. It opened flat today and buy triggered as per trade setup. Trade gave more than 1:1 slowly and steadily (18615- 18678). In the second half we saw profit booking in both the indices. This profit booking will continue below today's low.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 18680 then we will long for the target of 18775, 18855 and extended target 18930.
For selling we need a 15 Min candle close below 18600. A pullback is need before breakdown. Target will be 18545. Below this it will test 18450 and 18365.
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.
