TradeInsights

Nifty Trade Setup (05-June2023)

NSE:NIFTY   Nifty 50 Index
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.

For tomorrow's Setup:

1.) If opens flat in descending triangle and breaks the triangle on upside then will buy for target of Resistance levels 1st at 18574, then 18616.

2.) If opens flat in descending triangle and breaks the triangle on downside and also breaks trendline support then will short for target of Support level of 18419.

3.) If there are any gaps up or down then will look for Resistance or Support and will trade accordingly or only after formation of price action.



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