๐ NIFTY Intraday Trade Strategy โ 10/??
๐น Buy Setup
โ Condition to Enter Long
Wait for the 15-minute candle to close above 24945 ๐บ
(Only after a confirmed candle close, not just a wick breakout).
๐ข Entry: Go LONG (Buy) above 24945
๐ฏ Targets
๐ฏ Target 1: 24975
๐ฏ Target 2: 25005
๐ฏ Target 3: 25045
๐ Suggested Stop Loss: Below the low of the breakout candle (15-minute breakout candle)
๐ Sell Setup
โ Condition to Enter Short
Wait for the 1-minute candle to close below 24830 ๐ป
๐ด Entry: Go SHORT (Sell) below 24830
๐ฏ Targets
๐ฏ Target 1: 24795
๐ฏ Target 2: 24760
๐ฏ Target 3: 24725
๐ Suggested Stop Loss: Above the high of the breakdown candle (1-minute breakdown candle)
โ ๏ธ Important Notes
๐ Always wait for candle close confirmation before entering.
๐ Make sure the market is not in a high-volatility event (news / RBI / USA data).
๐ Analyse market structure and current trend on higher timeframe (30M/1H) for extra confirmation.
๐ Trail your stop loss after each target level is hit.
๐ฏ If first target hits quickly, consider partial profit booking and move SL to breakeven.
โ Do not chase trades โ if breakout candle is too big, skip and wait for a retest.
๐ Disclaimer
โ ๏ธ I am not a SEBI registered advisor. All the content here is for educational and informational purposes only. ๐
Trading and investment involve significant risks. Please consult with your financial advisor before taking any trade. ๐ผ
๐น Buy Setup
โ Condition to Enter Long
Wait for the 15-minute candle to close above 24945 ๐บ
(Only after a confirmed candle close, not just a wick breakout).
๐ข Entry: Go LONG (Buy) above 24945
๐ฏ Targets
๐ฏ Target 1: 24975
๐ฏ Target 2: 25005
๐ฏ Target 3: 25045
๐ Suggested Stop Loss: Below the low of the breakout candle (15-minute breakout candle)
๐ Sell Setup
โ Condition to Enter Short
Wait for the 1-minute candle to close below 24830 ๐ป
๐ด Entry: Go SHORT (Sell) below 24830
๐ฏ Targets
๐ฏ Target 1: 24795
๐ฏ Target 2: 24760
๐ฏ Target 3: 24725
๐ Suggested Stop Loss: Above the high of the breakdown candle (1-minute breakdown candle)
โ ๏ธ Important Notes
๐ Always wait for candle close confirmation before entering.
๐ Make sure the market is not in a high-volatility event (news / RBI / USA data).
๐ Analyse market structure and current trend on higher timeframe (30M/1H) for extra confirmation.
๐ Trail your stop loss after each target level is hit.
๐ฏ If first target hits quickly, consider partial profit booking and move SL to breakeven.
โ Do not chase trades โ if breakout candle is too big, skip and wait for a retest.
๐ Disclaimer
โ ๏ธ I am not a SEBI registered advisor. All the content here is for educational and informational purposes only. ๐
Trading and investment involve significant risks. Please consult with your financial advisor before taking any trade. ๐ผ
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.