In the previous session :
Nifty went down by 23 points then went up by 137 points before closing higher by 122 points on Thursday 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 16th Jul :
Nifty triggered our long trade with a gap up and did further 50 points.
For 17th Jul :
Sustaining above 10780 enter for 10805 - 10835 - 10910 , SL 10750
Sustaining below 10700 enter for 10675 - 10645 - 10570 , SL 10730
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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