Nifty Futures Intraday Setups
A. Opening expected around 18000.
B.
Expected path after open - Down move.
TRADE -1 - SHORT if opens above 18000 and breaks it straightaway.
TRADE 2 - SHORT on weak pull back to 18000 after down move.
TRADE 3 - Double Top between 18000 - 18050.
C.
TRADE 4 - If sustains above 18050.
BUY after a weak pull back above 18050.
But keep targets short as selling is expected
from higher levels.
B.
Expected path after open - Down move.
TRADE -1 - SHORT if opens above 18000 and breaks it straightaway.
TRADE 2 - SHORT on weak pull back to 18000 after down move.
TRADE 3 - Double Top between 18000 - 18050.
C.
TRADE 4 - If sustains above 18050.
BUY after a weak pull back above 18050.
But keep targets short as selling is expected
from higher levels.
Trade active
Shorted opening candle testing 18000 in 3 min time frame.Note
As expected moving down.Note
Next Setup will be break fail of 18000 short.Trade active
Trade 4 triggered - Long as it sustained above 18050.Trade closed: target reached
Tested high of 18150.
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