Thursday 23 July 2020

Nifty Spot Outlook for 24th Jul

In the previous session : 





Nifty went down by 29 points then went up by 107 points before closing higher by 83 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 23rd Jul :
Nifty triggered our long trade and did 60 points 


For 24th Jul  :


Sustaining above 11260 enter for 11285 - 11315 - 11395 , SL 11230














Sustaining below 11175 enter for 11145 - 11115 - 11035, SL 11205


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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