Omahto

NIFTY Intraday Trade Setup For 22 Feb 2022

NSE:NIFTY   Nifty 50 Index
NIFTY Intraday Trade Setup For 22 Feb 2022

Buy-Above 17270
Sl-17220
T- 17320 17450

Sell-Below 17170
Sl-17210
T-17100 17050 16975

We planned to sell NIFTY below 17210 below the range. Our target was 17080. It gave almost 140 points profit. It was a smooth trade. But as soon as17080 was triggered . It shot up till 17350. Both moves were trendy.

Coming to tomorrow's trade setup, we will buy above 17265 if a 15 Min candle closes above that. Fast and trending move will come above 17360 only. Above 17360 we will a upside rally till 17500.

We can plan for a sell trade below 17170 for the target of 17100. Below 17070 we can see a fresh move till 16975.

NIFTY has positioned at the middle point. It can move either side. In case of a big gap up or down we will wait till 10 o'clock and trade that range.

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