NIFTY Intraday Trade Setup For 20 Jul 2026

393
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.


==========
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.