NIFTY Intraday Trade Setup For 20 Dec 2022
NIFTY Intraday Trade Setup For 20 Dec 2022
Buy-Above 18441
Sl-18390
T-18530 18610
Sell-Below 18320
Sl-18370
T-18245 18117
NIFTY has closed on a positive note with 0.86% gain. As we discussed last day that if PDL will be safe then will hit head higher. PDL was tested but no candle close below that. Sell _2 was planned before 10 o'clock which did not trigger but a small 35 points was seen from there. 10 o'clock range broke upside above 18325 and gave a trendy move till 18430. trade gave more than 1:2 and 100+ points gain. This bullish sentiment is likely to continue above today's high if sustained.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18441 then we will long for the target of 18530 and 18610. A pullback is needed.
For selling we need a 15 min candle close below 18320. Target will be 18245. If sustained below then we will test 18117 and below.
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 18441
Sl-18390
T-18530 18610
Sell-Below 18320
Sl-18370
T-18245 18117
NIFTY has closed on a positive note with 0.86% gain. As we discussed last day that if PDL will be safe then will hit head higher. PDL was tested but no candle close below that. Sell _2 was planned before 10 o'clock which did not trigger but a small 35 points was seen from there. 10 o'clock range broke upside above 18325 and gave a trendy move till 18430. trade gave more than 1:2 and 100+ points gain. This bullish sentiment is likely to continue above today's high if sustained.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18441 then we will long for the target of 18530 and 18610. A pullback is needed.
For selling we need a 15 min candle close below 18320. Target will be 18245. If sustained below then we will test 18117 and below.
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.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.