Sunday 19 July 2020

Nifty Spot Outlook for 20th Jul

In the previous session : 



Nifty went up by 193 points before closing higher by 162 points on Friday 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 17th Jul :

Nifty triggered our long trade and completed all targets doing 130+ points. 


For 20th Jul  :

Sustaining above 10945 enter for 10970 - 11000 - 11075 , SL 10915








Sustaining below 10860 enter for 10835 - 10805 - 10725 , SL 10890


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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