NIFTY Futures Intraday Trade Setup Today | BTST Entry, Stop Loss & Target Levels

 

Chart Read (NIFTY Futures, 30-min):

From the screenshot, price is around 23,397, holding above PDH (~23,335) and above the rising moving average. The structure shows a bullish trend with a pullback after a strong rally. The marked resistance zone is around 23,405–23,445, and the chart annotation projects ~160 points upside toward 23,560–23,570.

Intraday Long Setup

Aggressive Entry

• Buy: 23,390–23,405
• Stop Loss: 23,335 (below PDH)
• Targets:
  • T1: 23,445
  • T2: 23,500
  • T3: 23,560

Confirmation Entry

• Wait for a 30-min candle close above 23,445
• Buy: 23,450–23,460
• Stop Loss: 23,390
• Targets:
  • T1: 23,520
  • T2: 23,565
  • T3: 23,620

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BTST (Buy Today, Sell Tomorrow)

Setup

• Enter only if NIFTY Futures sustains above 23,400–23,420 into the close.
• BTST Entry: 23,400–23,440
• SL (Closing Basis): 23,320
• Targets:
  • T1: 23,520
  • T2: 23,565
  • T3: 23,650

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Bearish Invalidation

Avoid longs if:

• 30-min candle closes below 23,335 (PDH).
• Strong rejection near 23,445 followed by a break of 23,335.

Short Setup (Only on Breakdown)

• Sell below: 23,330
• SL: 23,405
• Targets:
  • 23,250
  • 23,195 (PWL area)
  • 23,140

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Trade Bias

Current Bias: Bullish 📈

Reasons:

1. Higher highs and higher lows.
2. Price above rising moving average.
3. PDH acting as support.
4. Momentum projection on chart indicates potential move toward 23,560+.

Risk Management: Keep risk per trade below 1–2% of capital and trail SL once T1 is achieved.