NIFTY Intraday Trade Setup For 15 Jul 2022

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NIFTY Intraday Trade Setup For 15 Jul 2022

Buy-Above 16005
Sl-16950
T-16070 16145

Sell-Below 15855
Sl-15905
T-15800 15730

NIFTY has closed almost flat today. Last day we planned to buy above 16010 and our 1st target was 16070 which was hit. Then from the dot target it fell nonstop and triggered our sell level also. Short trade gave a move from 15950 till 15860.

Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes below 15855, we will short for the target of 15800. 15785-15800 can act as a support. But if this is broken after a bounce then we will hit 15730 or below that.

If a 5 Min candle closes above 16005 then we will long for the target of 16070 and 16145.

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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NIFTY Intraday Trade Setup For 15 Jul 2022

Buy-Above 16005
Sl-15950
T-16070 16145

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Chart PatternsHarmonic PatternsNIFTYnifty50niftyanalysisniftyforecastniftyintradaylevelsniftyintradaytradesetupniftylevelsniftypredictionniftytradesetupTrend Analysis

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