NIFTY Intraday Trade Setup For 15 Sep 2022

NIFTY Intraday Trade Setup For 15 Sep 2022

Buy-Above 18095
Sl-18040
T-18150 18217 18287

Sell-Below 17775
Sl-17825
T-17690 17613 17537

NIFTY has closed on a negative note with positive sentiment. The positive sentiment is likely to continue above today's high. If it sustains above today's high then then breakout will be confirmed and we will head towards 18500 and ATH. Last we planned to trade on 10 o'clock range breakout in case of any big gap up/down. 10 o'clock range broke upside above 17946 and it has given a straight move till 18091.

Coming to tomorrow's trade setup, if index opens flat and a 5/15 Min candle closes above 18095 then we will long for the target of 18150, 18217 and 18287.

For selling we need to wait till if 15 Min candle closes below 17777. Post breakdown we will short for the target of 17690, 17613 and 17537.

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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