NIFTY Intraday Trade Setup For 28 Dec 2023
NIFTY Intraday Trade Setup For 28 Dec 2023
Bullish-Above 21680
Invalid-Below 21630
T- 21825 21970
Bearish-Below 21570
Invalid-Above 21620
T- 21435 21298
NIFTY has once again closed on a bold bullish note with 1% gain. In the weekend we already discussed that 21400 is the level for a bullish structure and breakout of the same will propel markets to hit a fresh ATH. It was smooth from 21400-21675 and now major resistance is 21960-70. Today buy triggered as per trade setup above 21480 and hit first target however it opened with a slight gap up. 21680 and 21570 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21680 then we will long for the target of 21825 and 1960-70.
For selling we need a 15 Min candle close below 21570. T- 21435 and 21298.
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.
Bullish-Above 21680
Invalid-Below 21630
T- 21825 21970
Bearish-Below 21570
Invalid-Above 21620
T- 21435 21298
NIFTY has once again closed on a bold bullish note with 1% gain. In the weekend we already discussed that 21400 is the level for a bullish structure and breakout of the same will propel markets to hit a fresh ATH. It was smooth from 21400-21675 and now major resistance is 21960-70. Today buy triggered as per trade setup above 21480 and hit first target however it opened with a slight gap up. 21680 and 21570 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21680 then we will long for the target of 21825 and 1960-70.
For selling we need a 15 Min candle close below 21570. T- 21435 and 21298.
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.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.