NIFTY Intraday Trade Setup For 30 Jun 2023
Buy-Above 19015
Sl-19965
T- 19105 19187
Sell-Below 18940
Sl-18990
T- 18855 18770
NIFTY has closed on bullish note last with 0.82% gain. We longed above 18460 on daily swing breakout for target of a fresh ATH near 19120. We are at striking distance to our target and we will keep on riding this till our TSL is intact. If a daily candle closes below PDL and that red candle's low is breached then our TSL will be hit. Last day it opened with a big gap up and 10 o'clock range broke upside above 18898 ( 20 points sl) and made a high of 19011.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19015 then we will long for the target of 19105-20 and 19187.
For selling we need a 15 min candle close below 18940. T- 18855 and 18770.
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.