NIFTY Intraday Trade Setup For 25 Sep 2024
NIFTY Intraday Trade Setup For 25 Sep 2024
Bullish-Above 26020
Invalid-Below 25970
T- 26200
Bearish-Below 25880
Invalid-Above 25930
T- 25680
NIFTY has closed on a flat note today. It took resistance at 26k level and that acted as ceiling whole day. It has formed a shooting star candle in daily TF so below its low we can expect a profit booking and in that case it can test 25670 which is a strong support as per Fib retracement. Above 26020 tried sellers will give up and 26200 can be approached.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 26020 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25880. T- 25680.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bullish-Above 26020
Invalid-Below 25970
T- 26200
Bearish-Below 25880
Invalid-Above 25930
T- 25680
NIFTY has closed on a flat note today. It took resistance at 26k level and that acted as ceiling whole day. It has formed a shooting star candle in daily TF so below its low we can expect a profit booking and in that case it can test 25670 which is a strong support as per Fib retracement. Above 26020 tried sellers will give up and 26200 can be approached.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 26020 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25880. T- 25680.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
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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.
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.