NIFTY Intraday — 5-min Analysis: Long & Short Setups (CMP ₹25,474)
LONG: ₹25,520 ▶︎
SHORT: ₹25,460 ▼
Chart: 5-minute NIFTY — previous supply at ~25,650. Demand / Big-player buying ~25,490.
🔵 Long Entry (Intraday)
Setup: Look for a clean 5-min close above ₹25,520 — this confirms short-covering and renewed buying.
| Entry | Buy above ₹25,520 |
|---|---|
| Stop Loss | Below ₹25,460 (safe SL under Big-Player Buying zone) |
| Targets |
T1: ₹25,585
T2: ₹25,630
T3: ₹25,650 (supply)
|
| Rationale | Price stabilized near institutional buying area; a sustained breakout >25,520 often triggers gap fills & momentum intraday. |
🔴 Short Entry (Intraday)
Setup: If support at demand zone fails — short on a decisive break & close below ₹25,460.
| Entry | Sell below ₹25,460 |
|---|---|
| Stop Loss | Above ₹25,520 (invalidates breakdown) |
| Targets |
T1: ₹25,400
T2: ₹25,345 (next support)
|
| Rationale | Failure to hold the institutional buying zone suggests exhaustion of buyers → momentum acceleration to downside. |
Quick Trade Rules (Keep discipline)
- Only take the trade after a confirmed 5-min candle close beyond the entry level (do NOT enter mid-candle).
- Use strictly defined SL. Move SL to breakeven after T1 is achieved.
- Prefer 1–2% capital risk per trade max (position sizing). If volatility high, reduce lot size.
- Avoid trading news spikes or illiquid minutes (first 5 minutes after major release).
Trade Example (practical)
If price closes 5-min at 25,528 → enter long at market / limit 25,525. SL 25,460 → risk = 65 pts. T1 25,585 → reward 57 pts (partial), trail SL to entry/breakeven, hold remainder to T2/T3.

No comments:
Post a Comment