NIFTY Intraday Trade Setup For 24 Sep 2024
NIFTY Intraday Trade Setup For 24 Sep 2024
Bullish-Above 25960
Invalid-Below 25910
T- 26200
Bearish-Below 25780
Invalid-Above 25830
T- 25540
NIFTY has closed on a bullish note with 0.57% gain today. It was less volatile than last session with firmly bullish sentiment. Index is at a striking distance to 26k. Possibility of crossing the same is high and next possible resistance lies near 26200 zone. 25780 will be a good support and an important level for opening downside move.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25960 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25780. T- 25540.
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.
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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 25960
Invalid-Below 25910
T- 26200
Bearish-Below 25780
Invalid-Above 25830
T- 25540
NIFTY has closed on a bullish note with 0.57% gain today. It was less volatile than last session with firmly bullish sentiment. Index is at a striking distance to 26k. Possibility of crossing the same is high and next possible resistance lies near 26200 zone. 25780 will be a good support and an important level for opening downside move.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25960 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25780. T- 25540.
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.
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