Nifty Intraday and weekly Expiry Trade setup

Good Morning sir's

Hope you all did good in yesterday Trading session. Our Trade setup work perfectly. Yesterday Index closed 2.29% in upside . Remember today is expiry day I called this day as " Writers day" . I Think Index will be trade in a range today if we talk bases on yesterday sentiment then most of you're bullish but as I always said everyday is different then others in Intraday so do not come on next day on previous day sentiment...

Key Factor
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A: SGXNIFTY trading almost 0.63% up in thoday Morning..
B: Dow closed 1.99% above from previous day..
C: Crude is still weak. Trading 1.35% lower from previous day..

Let's see how our market will be react today on the above Scenario

Nifty Intraday Resistance is 9400 and support is on 8700.

Trade Setup
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Buy
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A : Build a Long above 9270. Stop loss should be 9180 closing basis.

Sell
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B: Sell if 9040 break in Intraday . Stop loss should be 9190

Note : Wait for first 30 minute to get the Index settle. These Levels are based on previous data and can destroy on Huge Gap up or gap down so wait first 30 minute and observe the Index move. Will update More in live market...

Good Luck and Happy trading

Zlecenie aktywne:

Our Long position from 9270. Currently trading on 9315