Nifty Trading Strategy for 24th Feb 2025📊 NIFTY INTRADAY TRADING PLAN 📊
🔹 Strategy:
This plan is based on the breakout of a key level after a confirmed 15-minute candle close.
🟢 Buy Setup (Bullish Breakout)
✅ Entry Condition: Enter a buy position above the high of the 15-minute candle that closes above 22,921.
✅ Targets:
🎯 First Target: 22,966
🎯 Second Target: 23,038
🎯 Final Target: 23,099
✅ Stop Loss: Below the low of the entry candle.
✅ Risk Management: Follow a risk-reward ratio of at least 1:2.
🔴 Sell Setup (Bearish Breakdown)
✅ Entry Condition: Enter a sell position below the low of the 15-minute candle that closes below 22,700.
✅ Targets:
🎯 First Target: 22,653
🎯 Second Target: 22,608
🎯 Final Target: 22,562
✅ Stop Loss: Above the high of the entry candle.
✅ Risk Management: Avoid overleveraging and use a stop-loss strategy.
⚠ Important Notes:
📌 Wait for levels to come into play – If there is a big gap-up or gap-down, do not rush into a trade. Instead, wait for price action confirmation at the key levels.
📌 A lost opportunity could be capital saved – Patience is key! If the setup doesn't align, it's better to stay out than force a trade.
📌 Avoid trading during high-impact news events – Volatility can cause sudden price movements.
🚨 Disclaimer:
This analysis is for educational and informational purposes only and should not be considered financial or investment advice. I am not SEBI-registered. Trading in financial markets involves significant risk, and past performance is not indicative of future results. Trade responsibly and use proper risk management. 🚀📉
