NIFTY Intraday Trade Setup For 27 Apr 2023
Buy-Above 17830
Sl-17780
T- 17906 17978
Sell-Below 17765
Sl-17815
T- 17688 17610
NIFTY has closed on a bullish sentiment with 0.25% gain today. Bullishness likely to continue above today's high. We will simply align with the trend and ride the trend with TSL as previous swing lows in 5/15 Min TF. Today sell triggered below 17745 as per trade setup, meanwhile it was updated to exit at cost as it took support from the trendline plotted. If not then it it hit 50 points sl. We have to always be prompt with the market dynamics.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17830 then we will long for the target of 17906 and 17978.
For selling we need a 15 Min candle close below 17765. T- 17688 and 17610.
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.
Buy-Above 17830
Sl-17780
T- 17906 17978
Sell-Below 17765
Sl-17815
T- 17688 17610
NIFTY has closed on a bullish sentiment with 0.25% gain today. Bullishness likely to continue above today's high. We will simply align with the trend and ride the trend with TSL as previous swing lows in 5/15 Min TF. Today sell triggered below 17745 as per trade setup, meanwhile it was updated to exit at cost as it took support from the trendline plotted. If not then it it hit 50 points sl. We have to always be prompt with the market dynamics.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17830 then we will long for the target of 17906 and 17978.
For selling we need a 15 Min candle close below 17765. T- 17688 and 17610.
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.
