NIFTY Intraday Trade Setup For 05 Jul 2023
Buy-Above 19435
Sl-19385
T- 19527 19620
Sell-Below 19355
Sl-19405
T- 19263 19181
NIFTY has closed on a bullish note once again with 0.34% gain. Our swing long position from 18460 is going buttery smooth. After ATH breakout we expected a non-stop momentum which is going on very well. If a daily candle closes below PDL and that red candle's low is breached then we will exit. Till then ride the open sky momentum. Today buy triggered above 19350 and hit our 1st target (19350-19434). 19435 and 19355 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19435 then we will long for the target of 18527 and 19620.
For selling we need a 15 min candle close below 19355. T- 19263 and 19181.
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 19435
Sl-19385
T- 19527 19620
Sell-Below 19355
Sl-19405
T- 19263 19181
NIFTY has closed on a bullish note once again with 0.34% gain. Our swing long position from 18460 is going buttery smooth. After ATH breakout we expected a non-stop momentum which is going on very well. If a daily candle closes below PDL and that red candle's low is breached then we will exit. Till then ride the open sky momentum. Today buy triggered above 19350 and hit our 1st target (19350-19434). 19435 and 19355 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19435 then we will long for the target of 18527 and 19620.
For selling we need a 15 min candle close below 19355. T- 19263 and 19181.
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.
