NIFTY Intraday Trade Setup For 11 July 2023
Buy-Above 19410
Sl-19360
T- 19500 19620
Sell-Below 19325
Sl-19375
T- 19225 19123
NIFTY has closed almost flat today with slight gain of 0.12% gain today. It formed an inside candle in daily TF which is a sign of contraction/consolidation. Today was an important day for our swing long position as Friday's low was our TSL. Now we need another candle which closes below PDL for our TSL. It was a volatile session since opening. Buy triggered as per trade setup which hit sl.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19410 then we will long for the target of 19500+ and 19620 above 19525.
For selling we need a 15 Min candle close below 19325. T- 19225 and 19123.
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 19410
Sl-19360
T- 19500 19620
Sell-Below 19325
Sl-19375
T- 19225 19123
NIFTY has closed almost flat today with slight gain of 0.12% gain today. It formed an inside candle in daily TF which is a sign of contraction/consolidation. Today was an important day for our swing long position as Friday's low was our TSL. Now we need another candle which closes below PDL for our TSL. It was a volatile session since opening. Buy triggered as per trade setup which hit sl.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19410 then we will long for the target of 19500+ and 19620 above 19525.
For selling we need a 15 Min candle close below 19325. T- 19225 and 19123.
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.
