NIFTY Intraday Trade Setup For 30 Jun 2022
Buy-Above 15862
Sl-15800
T-15950 16020 16100
Sell-Below 15700
Sl-15750
T-15620 15555 15485
NIFTY has closed with 50 points cut today. It opened with a big gap down today. The 1st 15 min candle was a bullish reversal candle- dragonfly doji. As soon as the high broke it gave a directional move from 15730 to 15860. In between the 10 o'clock range broke upside.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 15860, we will long for the target of 15950, 16020 and 16100.
For selling we need a 15 Min candle close below 15700. Below that candle's low we will short for the target of 15620, 15555 and 15485.
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.
Intraday Support- 15700
Intraday Resistance- 16020
Buy-Above 15862
Sl-15800
T-15950 16020 16100
Sell-Below 15700
Sl-15750
T-15620 15555 15485
NIFTY has closed with 50 points cut today. It opened with a big gap down today. The 1st 15 min candle was a bullish reversal candle- dragonfly doji. As soon as the high broke it gave a directional move from 15730 to 15860. In between the 10 o'clock range broke upside.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 15860, we will long for the target of 15950, 16020 and 16100.
For selling we need a 15 Min candle close below 15700. Below that candle's low we will short for the target of 15620, 15555 and 15485.
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.
Intraday Support- 15700
Intraday Resistance- 16020
