NIFTY
NIFTY — Intraday Analysis (15-min)
Market Context
Price is trading just under the Supertrend Sell zone (red band). The market is inside a tight range — upside resistance ~26,150–26,170, support ~26,040–26,060. Bias is mildly bearish → neutral until a clear breakout.
Setups (trade only on confirmation)
| Setup | Trigger | Stoploss |
|---|---|---|
| Long | Buy above 26,140 (candle close + Supertrend flip) | 26,090 |
| Short | Sell below 26,050 (break of support) | 26,100 |
Targets
Long targets: 26,180 → 26,220 → 26,260
Short targets: 26,010 → 25,960 → 25,900
Trade plan: avoid trading inside the 26,050–26,140 consolidation zone. Use a candlestick close for confirmation and align with the Supertrend flip (green) for longer bias.
Quick Checklist
- Confirm candle close beyond trigger level (15-min close).
- Supertrend flip to green for sustained longs.
- Keep position sizing small until trend clarity.
- Move SL to break-even after first target is hit.

No comments:
Post a Comment