NIFTY Intraday Trade Setup For 17 Mar 2022
Buy-Above 16990
Sl-16940
T-17050 17100
Sell-Below 16900
Sl-16950
T-16850 16750
NIFTY opened with a very big gap on Wednesday. Momentum was lost. IV crashed. The whole day Nifty traded in 100 point range. In the last 30 Min range broke and 50 points move was seen.
Coming to tomorrow's trade setup, if index opens flat and crosses today's high - 16990 then we will buy for the target of 17050 and 17100.
In case we open gap up again, chances are that it will be sold into. So we will sell below the 1st 5 Min candle low if we opens gap up.
For selling if we get a 15 Min candle closes below 16930 then below that candle low we will sell for the target of 16850,16800 and 16700.
In case of a big gap down, we will wait till 10 o'clock range and trade that range breakout/breakdown.
Buy-Above 16990
Sl-16940
T-17050 17100
Sell-Below 16900
Sl-16950
T-16850 16750
NIFTY opened with a very big gap on Wednesday. Momentum was lost. IV crashed. The whole day Nifty traded in 100 point range. In the last 30 Min range broke and 50 points move was seen.
Coming to tomorrow's trade setup, if index opens flat and crosses today's high - 16990 then we will buy for the target of 17050 and 17100.
In case we open gap up again, chances are that it will be sold into. So we will sell below the 1st 5 Min candle low if we opens gap up.
For selling if we get a 15 Min candle closes below 16930 then below that candle low we will sell for the target of 16850,16800 and 16700.
In case of a big gap down, we will wait till 10 o'clock range and trade that range breakout/breakdown.
