In the previous session :
Nifty went up by 351 points before closing higher by 246 points on Monday 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 01st Jun :
Nifty triggered our long trade with a gap up and completed all targets . It also triggered our weekly long trade and gave 200+ points
For 02nd June :
Sustaining above 9875 enter for 9900 - 9935 - 10020 , SL 9840
Sustaining below 9780 enter for 9755 - 9720 - 9635 , SL 9815
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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