NIFTY Intraday Trade Setup For 27 Jun 2023
NIFTY Intraday Trade Setup For 27 Jun 2023
Buy-Above 18725
Sl-18675
T- 18821 18920
Sell-Below 18640
Sl-18690
T- 18550 18450
NIFTY has closed with a slight gain of 0.14% today, almost flat note. It has formed a spinning top candle in daily TF which is a sign of indecision. Nothing triggered as per trade setup as it was sideways between the 10 o'clock range itself. It traded in a narrow range of 75 points between 18722 and 18647. Tomorrow we will simply trade on this range breakout. Be very strict in trailing with proper market structure in 5 and 15 Min TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 18725 then we will long for the target of 18821 and 18920.
For selling we need a 15 Min candle close below 18640. T- 18550 and 18450.
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 18725
Sl-18675
T- 18821 18920
Sell-Below 18640
Sl-18690
T- 18550 18450
NIFTY has closed with a slight gain of 0.14% today, almost flat note. It has formed a spinning top candle in daily TF which is a sign of indecision. Nothing triggered as per trade setup as it was sideways between the 10 o'clock range itself. It traded in a narrow range of 75 points between 18722 and 18647. Tomorrow we will simply trade on this range breakout. Be very strict in trailing with proper market structure in 5 and 15 Min TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 18725 then we will long for the target of 18821 and 18920.
For selling we need a 15 Min candle close below 18640. T- 18550 and 18450.
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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.