NIFTY Intraday Trade Setup For 4 Oct 2022
NIFTY Intraday Trade Setup For 4 Oct 2022
Buy-Above 17060
Sl-17005
T-17200 17321 17472
Sell-Below 16745
Sl-16800
T-16591 16500 16400
NIFTY has closed inside the hourly range of 17200 and 16740 and an inside candle has been formed in daily charts. Last day we planned to short from the range high with the help of proper price action. We shorted below 17060 and it has given a move till 16856. We are likely to test range low below today's low. Range breakout is important now.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 17060 then we will long for the target of 17195. Above 17200 we will head higher.
If a 15 Min candle closes below 16740 the n we will short for the target of 16591, 16500 and 16400.
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 17060
Sl-17005
T-17200 17321 17472
Sell-Below 16745
Sl-16800
T-16591 16500 16400
NIFTY has closed inside the hourly range of 17200 and 16740 and an inside candle has been formed in daily charts. Last day we planned to short from the range high with the help of proper price action. We shorted below 17060 and it has given a move till 16856. We are likely to test range low below today's low. Range breakout is important now.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 17060 then we will long for the target of 17195. Above 17200 we will head higher.
If a 15 Min candle closes below 16740 the n we will short for the target of 16591, 16500 and 16400.
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.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.