NIFTY Intraday Trade Setup For 13 Jul 2023
Buy-Above 19520
Sl- 19470
T- 19630 19745
Sell-Below 19360
Sl- 19410
T- 19271 19181
NIFTY has closed on a bearish sentiment with 0.28% cut today. It has closed below PDL so today's low is very important. If today's low is breached then our TSL in long will be hit. Also there can be change in trend and sentiment on TSL. The next bullish momentum will be triggered above 19525. Moreover this week is turning declined sideways. Sell triggered at the time of closing so no trade was triggered as per trade setup. However 10 o'clock range broke downside and gave around 70 points.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19520 then we will long for the target of 19630 and 19745.
For selling we need a 15 Min candle close below 19360. T- 19271 and 19181.
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 19520
Sl- 19470
T- 19630 19745
Sell-Below 19360
Sl- 19410
T- 19271 19181
NIFTY has closed on a bearish sentiment with 0.28% cut today. It has closed below PDL so today's low is very important. If today's low is breached then our TSL in long will be hit. Also there can be change in trend and sentiment on TSL. The next bullish momentum will be triggered above 19525. Moreover this week is turning declined sideways. Sell triggered at the time of closing so no trade was triggered as per trade setup. However 10 o'clock range broke downside and gave around 70 points.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19520 then we will long for the target of 19630 and 19745.
For selling we need a 15 Min candle close below 19360. T- 19271 and 19181.
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.
