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NIFTY Trading Plan for Feb 15th, 2024 ✨

Long
NSE:NIFTY   Nifty 50 Index
📈 Gap-up Opening above 21900:

Buy Strategy: Look to buy near 21850 – 21828 with a Stop Loss (SL) at 21780. Target is 22000. If price sustains above 22020, it may reach 22150 - 22165.

Short Strategy: If support at 21780 fails, plan for a short trade with SL at 21830. Target is 21728 – 21699.

⏸️ Flat Opening:

If price finds support at 21780 - 21800 within the first 30 minutes, consider buying with SL at 21750 for a target of 22000.

Alternatively, if price slips down initially, buy near 21728 – 21700 with SL at 21670. Target is 21850 – 21900.

📉 Gap Down Opening below 21700:

Buy Strategy: If price regains 21700 and finds support at 21680, buy with SL at 21680. Targets are 21850 - 21900 - 22000.

Short Strategy: If price slips below 21680, consider a short trade with target at 21600 – 21519.

Please note that trading involves risks. Make sure to perform your own analysis or consult with a financial advisor before making any trading decisions.

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