NIFTY Intraday Trade Setup For 10 Feb 2023
Buy-Above 17917
Sl-17865
T-18025 18115
Sell-Below 17779
Sl-17830
T-17695 17585
NIFTY has closed a closed with a mild positive sentiment with just 0.12% gain. It has closed near day high which is a bullish sign and this may continue above today's high if sustained. Today's low is very important as it is the last swing low in 15 Min TF also this is a rejection candle's low. So good selling momentum will be seen below 17779 if sustained. Today it opened flat and sell triggered that gave almost 50 points gain ;1:1. After that index has under bull's control most of the time.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17917 then we will long for the target of 18025. Post rejection if sustained we ca test 18115 also.
For selling we need a 15 Min candle close below 17779. T- 17695 and 17585.
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 17917
Sl-17865
T-18025 18115
Sell-Below 17779
Sl-17830
T-17695 17585
NIFTY has closed a closed with a mild positive sentiment with just 0.12% gain. It has closed near day high which is a bullish sign and this may continue above today's high if sustained. Today's low is very important as it is the last swing low in 15 Min TF also this is a rejection candle's low. So good selling momentum will be seen below 17779 if sustained. Today it opened flat and sell triggered that gave almost 50 points gain ;1:1. After that index has under bull's control most of the time.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17917 then we will long for the target of 18025. Post rejection if sustained we ca test 18115 also.
For selling we need a 15 Min candle close below 17779. T- 17695 and 17585.
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.
