Expected Movement in Nifty for the session i.e. on 10.04.2023
NIFTY Intraday Trade Setup for April 06, 2023
Nifty is in overbought zone and needs some correction of 150-200 points.
if open gap up or flat
Buy only if Nifty Sustain above 17650 for 15 min.
Target 17680- 17770
if gap down
Buy Nifty @17490-17430 SL 17330
Target 17570-17600
Nifty is now Buy on dip as Nifty made 2 closing above 17500. Now, no positional short in Nifty. Short Nifty only below 17368.
CMP @17599 April 06, 2023
Chart by CA Savita Rehlan
Nifty is in overbought zone and needs some correction of 150-200 points.
if open gap up or flat
Buy only if Nifty Sustain above 17650 for 15 min.
Target 17680- 17770
if gap down
Buy Nifty @17490-17430 SL 17330
Target 17570-17600
Nifty is now Buy on dip as Nifty made 2 closing above 17500. Now, no positional short in Nifty. Short Nifty only below 17368.
CMP @17599 April 06, 2023
Chart by CA Savita Rehlan