NIFTY Intraday Trade Setup For 26 Apr 2023
Buy-Above 17810
Sl-17760
T- 17910 18025
Sell-Below 17745
Sl-17795
T- 17670 17610
NIFTY has closed with a slight positive gain today. It has formed a spinning top candle which is a sign of indecision. Market is still in consolidation mode and waiting for some trigger on chart. Today buy triggered above 17755 and gave a move till 17807 which was almost 1:1. It is likely to show good upside momentum above 17810. If 17710 is sustained in the downside then we can slide till some extent.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17810 then we will long for the target of 17910 and 18025.
For selling we need a 15 Min candle close below 17745. T- 17670 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 17810
Sl-17760
T- 17910 18025
Sell-Below 17745
Sl-17795
T- 17670 17610
NIFTY has closed with a slight positive gain today. It has formed a spinning top candle which is a sign of indecision. Market is still in consolidation mode and waiting for some trigger on chart. Today buy triggered above 17755 and gave a move till 17807 which was almost 1:1. It is likely to show good upside momentum above 17810. If 17710 is sustained in the downside then we can slide till some extent.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17810 then we will long for the target of 17910 and 18025.
For selling we need a 15 Min candle close below 17745. T- 17670 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.
