NIFTY Intraday Trade Setup For 26 Oct 2023 || Daily Analysis
NIFTY Intraday Trade Setup For 26 Oct 2023
Bullish- Above 19180
Invalid- Below 19130
T- 19300 19432
Bearish-Below 19070
Invalid- Above 19120
T- 18945 18810
NIFTY has closed on a complete bearish once again. Our short move towards 18960 is at a striking distance. In the weekend we already planned that below 19500 we will get a trendy downside move. It has just slipped in butter after that. Index has given more than 400 points fall in just 2 sessions. 18950 is going to a be a strong support zone for tomorrow's session. 19180 and 19070 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19180 then we will long for the target of 19300 and 19432.
For selling we need a 15 Min candle close below 19070. T- 18945 ad 18810.
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.
Bullish- Above 19180
Invalid- Below 19130
T- 19300 19432
Bearish-Below 19070
Invalid- Above 19120
T- 18945 18810
NIFTY has closed on a complete bearish once again. Our short move towards 18960 is at a striking distance. In the weekend we already planned that below 19500 we will get a trendy downside move. It has just slipped in butter after that. Index has given more than 400 points fall in just 2 sessions. 18950 is going to a be a strong support zone for tomorrow's session. 19180 and 19070 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19180 then we will long for the target of 19300 and 19432.
For selling we need a 15 Min candle close below 19070. T- 18945 ad 18810.
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.
Bài đăng liên quan
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.