NIFTY Intraday Trade Setup For 15 Nov 2022
Buy-Above 18376
Sl-18325
T-18455 18550 18645
Sell-Below 18310
Sl-18360
T- 18210 18105 18025
NIFTY has closed on a flat note with with just 20 points cut. It has closed near low which a slight negative sentiment which was created in the last hour. Today buy triggered as per trade setup but could not hold itself and turned sideways. There are only few stocks such as HDFC Twins and few others which are holding index while rest of them are in decline phase. This is the reason of a dead momentum in intraday.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18376 then we will long for the target of 18455, 18550 and 18645.
For selling we need a 15 Min candle close below 18310. Target will be 18210, 18105 and 18025.
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 18376
Sl-18325
T-18455 18550 18645
Sell-Below 18310
Sl-18360
T- 18210 18105 18025
NIFTY has closed on a flat note with with just 20 points cut. It has closed near low which a slight negative sentiment which was created in the last hour. Today buy triggered as per trade setup but could not hold itself and turned sideways. There are only few stocks such as HDFC Twins and few others which are holding index while rest of them are in decline phase. This is the reason of a dead momentum in intraday.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18376 then we will long for the target of 18455, 18550 and 18645.
For selling we need a 15 Min candle close below 18310. Target will be 18210, 18105 and 18025.
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.
