NIFTY Intraday Trade Setup 3 Feb 2023
NIFTY Intraday Trade Setup 3 Feb 2023
Buy-Above 17680
Sl-17630
T- 17825 18000
Sell- Below 17490
Sl-17540
T- 17355 17165
NIFTY has closed on a complete absolute flat note today. Yesterday it was clearly told that I will avoid trading today. As it was very obvious that it was likely to trade in a sideways note. As IV spiked yesterday and its cool off was expected. Whenever this situation comes into scenario trend becomes dead or a dead momentum will be seen. So has happened today. And this is likely to happen tomorrow also. Index has formed a range in 15 Min and this range shift will give any direction.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17680 then we will long for the target of 17825 and 17970-18k
For selling we need a 15 Min candle close below 17490. T- 17355. Below 17350 it will test 17165.
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 17680
Sl-17630
T- 17825 18000
Sell- Below 17490
Sl-17540
T- 17355 17165
NIFTY has closed on a complete absolute flat note today. Yesterday it was clearly told that I will avoid trading today. As it was very obvious that it was likely to trade in a sideways note. As IV spiked yesterday and its cool off was expected. Whenever this situation comes into scenario trend becomes dead or a dead momentum will be seen. So has happened today. And this is likely to happen tomorrow also. Index has formed a range in 15 Min and this range shift will give any direction.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17680 then we will long for the target of 17825 and 17970-18k
For selling we need a 15 Min candle close below 17490. T- 17355. Below 17350 it will test 17165.
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.
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.