NIFTY Intraday Trade Setup For 27 Apr 2022
Buy-Above 17230
Sl-17180
T-17300 17350 17400+
Sell-Below 17060
Sl-17110
T-17000 17900
NIFTY has closed in a positive note today. Made a double top after opening gap up. Neckline broke and it tested our buy level. It just took a U turn from our buy level and closed at day high.
If index opens flat and crosses today's high we will long for the target of 17300 and 127400. Ideal trade will be in flat opening.
For selling today's low has to be closed and sustained. Sell below 17060 if a 15 Min candle closes below this. Target will be 1700 and 16900.
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 17230
Sl-17180
T-17300 17350 17400+
Sell-Below 17060
Sl-17110
T-17000 17900
NIFTY has closed in a positive note today. Made a double top after opening gap up. Neckline broke and it tested our buy level. It just took a U turn from our buy level and closed at day high.
If index opens flat and crosses today's high we will long for the target of 17300 and 127400. Ideal trade will be in flat opening.
For selling today's low has to be closed and sustained. Sell below 17060 if a 15 Min candle closes below this. Target will be 1700 and 16900.
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.
