NIFTY Intraday Trade Setup For 2 Aug 2022
NIFTY Intraday Trade Setup For 2 Aug 2022
Buy-Above 17357
Sl-17300
T-17420 17520
Sell-Below 17250
Sl-17300
T-17155 17070
NIFTY has closed once again on a positive note with 1% gain. Last day we planned to long above 17175. It gave a perfect entry and hit our targets (17175-17355+). It was a smooth day, easy to ride. Its approaching 17500.
Coming to tomorrow's trade setup, if index opens flat a 5 Min candle closes above 17357(17360) we will long for the target of 17420, and 17500-20.
As of now there is no selling signal across all TF, be it 5 or 15 Min. Let a negative price action (LLLH) establish. However if a 5 min candle closes below 17250, we will short for the target of 17155 and 17070.
If market opens with a big gap up then we will avoid long positions.
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 17357
Sl-17300
T-17420 17520
Sell-Below 17250
Sl-17300
T-17155 17070
NIFTY has closed once again on a positive note with 1% gain. Last day we planned to long above 17175. It gave a perfect entry and hit our targets (17175-17355+). It was a smooth day, easy to ride. Its approaching 17500.
Coming to tomorrow's trade setup, if index opens flat a 5 Min candle closes above 17357(17360) we will long for the target of 17420, and 17500-20.
As of now there is no selling signal across all TF, be it 5 or 15 Min. Let a negative price action (LLLH) establish. However if a 5 min candle closes below 17250, we will short for the target of 17155 and 17070.
If market opens with a big gap up then we will avoid long positions.
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.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.