NIFTY Intraday Trade Setup For 14 Jun 2023
NIFTY Intraday Trade Setup For 14 Jun 2023
Buy-Above 18730
Sl-18680
T- 18807 18890
Sell-Below 18680
Sl-18730
T- 18615 18550
NIFTY has closed on a bullish note with 0.62% gain today. Buy triggered as per trade setup above 18635 and hit 1st target (18635- 18728+). It was total sideways the whole day after our 1st target was achieved. It has been updated multiple times that we have to very conservative in targets and have to focus on small RR gains. This type of momentum less market will be active till VIX starts to rise. 18730 and 18680 are important levels for tomorrow.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18730 then we will long for the target of 18807 and 18890.
For selling we need a 15 min candle close below 18680. T- 18615 and 18550.
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 18730
Sl-18680
T- 18807 18890
Sell-Below 18680
Sl-18730
T- 18615 18550
NIFTY has closed on a bullish note with 0.62% gain today. Buy triggered as per trade setup above 18635 and hit 1st target (18635- 18728+). It was total sideways the whole day after our 1st target was achieved. It has been updated multiple times that we have to very conservative in targets and have to focus on small RR gains. This type of momentum less market will be active till VIX starts to rise. 18730 and 18680 are important levels for tomorrow.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18730 then we will long for the target of 18807 and 18890.
For selling we need a 15 min candle close below 18680. T- 18615 and 18550.
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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