NIFTY TRADE SETUP FOR EXPIRY
Updated
Tomorrow's trade setup will depend upon opening. Let's discuss 3 possibility
1. Gap up opening:- if Market open above 17950,
then buy above 17950-40.
for a target 18025-18050.
again sell around 18050 -18100.
2. Gap down opening:- if the market opens
below17870 then we short trade nifty for 17840-17800.
we can look for pullback 17750.
if nifty trade below 17750 then we can short
again for the target 17660.
3. Range-bound opening;- if nifty opens between 17880 - 17940. we can trade both sides.
Let the market make a range and set your trade accordingly.
1. Gap up opening:- if Market open above 17950,
then buy above 17950-40.
for a target 18025-18050.
again sell around 18050 -18100.
2. Gap down opening:- if the market opens
below17870 then we short trade nifty for 17840-17800.
we can look for pullback 17750.
if nifty trade below 17750 then we can short
again for the target 17660.
3. Range-bound opening;- if nifty opens between 17880 - 17940. we can trade both sides.
Let the market make a range and set your trade accordingly.
Trade closed: target reached
Done trade 1st target done.Trade closed: target reached
see the chart ... how we trade both sides..with very small SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.