NIFTY Intraday Trade Setup For 11 Jan 2022
Buy-Above 18020
Sl-17975
T-18073 17120
Sell-Below 17950
Sl-18000
T-17900 17880
NIFTY has closed above an important level of 18000. Main thing is that weather this move will sustain or not as we are trading in intraday. The best trade will be if index opens flat and takes support from 17980 then we will initiate our buy trade. If opens with big gap up then we will ignore buying trade. And we will wait for intraday price action for 1st half one our then trade accordingly.
For selling if index opens flat and crosses 17950 , a 5 min candle has to be closed below this then we will initiate our sell trade.
If opens with gig gap down then we will wait for intraday price action till 10 ' o clock then initiate our trade based on intraday data.
Buy-Above 18020
Sl-17975
T-18073 17120
Sell-Below 17950
Sl-18000
T-17900 17880
NIFTY has closed above an important level of 18000. Main thing is that weather this move will sustain or not as we are trading in intraday. The best trade will be if index opens flat and takes support from 17980 then we will initiate our buy trade. If opens with big gap up then we will ignore buying trade. And we will wait for intraday price action for 1st half one our then trade accordingly.
For selling if index opens flat and crosses 17950 , a 5 min candle has to be closed below this then we will initiate our sell trade.
If opens with gig gap down then we will wait for intraday price action till 10 ' o clock then initiate our trade based on intraday data.
