NIFTY Intraday Trade Setup For 09 Nov 2023
NIFTY Intraday Trade Setup For 09 Nov 2023
Bullish-Above 19470
Invalid-Below 19420
T- 19550 19645
Bearish-Below 19400
Invalid-Below 19450
T- 19310 19210
NIFTY has closed on a slight bullish note with 0.19% gain today. Fun fact is that whole gain is contributed by the small gap up. It was a zoned market. Buy triggered as per trade setup above 19430 and cinched a bit till 19550 and closed near cost EOD. There can be good momentum in intraday in which there can good length moves due to expiry. 19470 and 19400 are important levels for tomorrow's session to look for a breakout.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19470 then we will long for the target of 19550 and 19645.
For selling we need a 15 Min candle close below 19400. T- 19310 and 19210.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bullish-Above 19470
Invalid-Below 19420
T- 19550 19645
Bearish-Below 19400
Invalid-Below 19450
T- 19310 19210
NIFTY has closed on a slight bullish note with 0.19% gain today. Fun fact is that whole gain is contributed by the small gap up. It was a zoned market. Buy triggered as per trade setup above 19430 and cinched a bit till 19550 and closed near cost EOD. There can be good momentum in intraday in which there can good length moves due to expiry. 19470 and 19400 are important levels for tomorrow's session to look for a breakout.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19470 then we will long for the target of 19550 and 19645.
For selling we need a 15 Min candle close below 19400. T- 19310 and 19210.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.