NIFTY Intraday Trade Setup For 26 Jul 2023
Bullish-Above 19710
Invalid-Below 19660
T- 19811 19915
Bearish-Below 19610
Invalid- Above 19660
T- 19515 19413
NIFTY has closed on an absolute flat note today. Nifty has been trading in a falling channel since last 3 sessions. Breakout of this would propel market to give a directional move. Breakout levels are 19710 in the upside and 19610 in the downside, has to sustain in 15 Min TF. We have to be neutral for both side. However it looks a bit ready for upside as per today's closing. Today sell triggered as per trade setup which hit 50 points sl.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19710 then we will long for the target of 19811 and 19915.
For selling we need a 15 Min candle close below 19615. T- 19515 and 19413.
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.
Bullish-Above 19710
Invalid-Below 19660
T- 19811 19915
Bearish-Below 19610
Invalid- Above 19660
T- 19515 19413
NIFTY has closed on an absolute flat note today. Nifty has been trading in a falling channel since last 3 sessions. Breakout of this would propel market to give a directional move. Breakout levels are 19710 in the upside and 19610 in the downside, has to sustain in 15 Min TF. We have to be neutral for both side. However it looks a bit ready for upside as per today's closing. Today sell triggered as per trade setup which hit 50 points sl.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19710 then we will long for the target of 19811 and 19915.
For selling we need a 15 Min candle close below 19615. T- 19515 and 19413.
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.
Trade active:
half bat pulled like a magnet
1st target almost achieved
1st target almost achieved
Trade active:
1st target was hit in long side and the Dot reversal from Half Bat PRZ
