NIFTY Intraday Trade Setup For 27 Jun 2022
Buy-Above 15750
Sl-15700
T-15830 15900 16000
Sell-Below 15620
Sl-15670
T-15530 15450 15400
NIFTY has given a good upside momentum after Pin bar candle was formed on 20 Jun. Activation was above 15400. Index is likely to touch 16200 in the coming days above 15900. The weekly candle is an inside candle above mother candle's high- 15900 we can expect a upside momentum.
Below 15180 next downside move will be active for 14400.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 15750. We will will for the target of 15830, 15900 and 16000.
For selling we need a 15 Min candle close below 15620. Target will be 15530 and 15450. Extended target will be 15380.
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.
Intraday Resistance- 15900
Intraday Support-15450
Buy-Above 15750
Sl-15700
T-15830 15900 16000
Sell-Below 15620
Sl-15670
T-15530 15450 15400
NIFTY has given a good upside momentum after Pin bar candle was formed on 20 Jun. Activation was above 15400. Index is likely to touch 16200 in the coming days above 15900. The weekly candle is an inside candle above mother candle's high- 15900 we can expect a upside momentum.
Below 15180 next downside move will be active for 14400.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 15750. We will will for the target of 15830, 15900 and 16000.
For selling we need a 15 Min candle close below 15620. Target will be 15530 and 15450. Extended target will be 15380.
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.
Intraday Resistance- 15900
Intraday Support-15450
