NIFTY Intraday Trade Setup For 20 Jul 2026
Bullish-Above 24380
Invalid-Below 24330
T- 24685
Bearish-Below 24200
Invalid-Above 24250
T- 23920
NIFTY has been contracting since couple of weeks between 24600 and 23800. Index will initiate a trendy move on this weekly zone breakout. Index has given a box breakout in 15 TF on Friday above 24250. Now if index dips below 24250 then index will trap longs and drag to lower levels towards 24k once again.
24380 and 24200 are important intraday levels to watch out. Breakout in 15 Min will be considered.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bullish-Above 24380
Invalid-Below 24330
T- 24685
Bearish-Below 24200
Invalid-Above 24250
T- 23920
NIFTY has been contracting since couple of weeks between 24600 and 23800. Index will initiate a trendy move on this weekly zone breakout. Index has given a box breakout in 15 TF on Friday above 24250. Now if index dips below 24250 then index will trap longs and drag to lower levels towards 24k once again.
24380 and 24200 are important intraday levels to watch out. Breakout in 15 Min will be considered.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
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.
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.