NIFTY Intraday Trade Setup For 28 Jun 2023

NIFTY Intraday Trade Setup For 28 Jun 2023

Buy-Above 18830
Sl- 18780
T-18921 19013

Sell-Below 18770
Sl- 18820
T- 18700 18630

NIFTY has closed on a bullish note with 0.68% gain today. It gave a fantastic move after the breakout of symmetric triangle. Buy triggered above 18725 and hit our 1st target very smoothly. Trade gave more than 100 points gain (18725-18829+, 1:2). We are likely to hit a fresh ATH tomorrow if today's high is sustained. 18830 and 18770 are important levels for tomorrow's session. Be strict in trailing with trade triggers.

Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18830 then we will long for the target of 18921 and 19013.

For selling we need a 15 Min candle close below 18770. T- 18700 and 18630.

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.