NIFTY Intraday Trade Setup For 24 Sep 2024
NIFTY Intraday Trade Setup For 24 Sep 2024
Bullish-Above 25960
Invalid-Below 25910
T- 26200
Bearish-Below 25780
Invalid-Above 25830
T- 25540
NIFTY has closed on a bullish note with 0.57% gain today. It was less volatile than last session with firmly bullish sentiment. Index is at a striking distance to 26k. Possibility of crossing the same is high and next possible resistance lies near 26200 zone. 25780 will be a good support and an important level for opening downside move.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25960 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25780. T- 25540.
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 25960
Invalid-Below 25910
T- 26200
Bearish-Below 25780
Invalid-Above 25830
T- 25540
NIFTY has closed on a bullish note with 0.57% gain today. It was less volatile than last session with firmly bullish sentiment. Index is at a striking distance to 26k. Possibility of crossing the same is high and next possible resistance lies near 26200 zone. 25780 will be a good support and an important level for opening downside move.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25960 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25780. T- 25540.
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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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.