Tuesday, 30 June 2020

Nifty Spot Outlook for 01st Jul

In the previous session : 

Nifty went up by 89 points then went down by 45 points before closing lower by 10 points on Tuesday as compared to the previous day's close.

Nifty had made a life time high of 12430.50 on 20th January and again failed to give a strong close above its congestion zone of 12300 - 12375 for the upward momentum to continue and we saw a correction till 7511.10 now . 

On 30th Jun :

Nifty triggered our long trade and did 40 points and took our TSL. 

For 01st Jul  :

Sustaining above 10345 enter for 10375 - 10405 - 10490 , SL 10315

Sustaining below 10255 enter for 10230 - 10200 - 10115 , SL 10290

Incase we get a gap up beyond the 1st target then will update fresh levels as per pre opening on the telegram channel "simplytradestocks"

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Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

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