NIFTY Intraday Trade Setup For 03 Mar 2023
Buy-Above 17350
Sl-17300
T- 17400 17465+
Sell-Below 17300
Sl-17350
T- 17225 17145
NIFTY has closed once again on a bearish sentiment with 0.74% cut. Today market opened and sell triggered as per trade setup below 17390 and hit our 1st target late noon. It was in bear's grip from the very 1st 15 Min. It has closed near day low. Below today's low once again bears will be leading. Next important support in downside is 17145 and 17400 being resistance. Continuation trade will be best on flat opening.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17350 then we will long for the target of 1400 and 17465.
For selling we need a 15 Min candle close below 17300. T- 17225 and 17145.
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 17350
Sl-17300
T- 17400 17465+
Sell-Below 17300
Sl-17350
T- 17225 17145
NIFTY has closed once again on a bearish sentiment with 0.74% cut. Today market opened and sell triggered as per trade setup below 17390 and hit our 1st target late noon. It was in bear's grip from the very 1st 15 Min. It has closed near day low. Below today's low once again bears will be leading. Next important support in downside is 17145 and 17400 being resistance. Continuation trade will be best on flat opening.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17350 then we will long for the target of 1400 and 17465.
For selling we need a 15 Min candle close below 17300. T- 17225 and 17145.
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.
