Tuesday 28 July 2020

Nifty Spot Outlook for 29th Jul

In the previous session : 







Nifty went up by 186 points before closing higher by 169 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 28th Jul :

Nifty triggered our long trade and did 153 points 


For 29th Jul  :



Sustaining above 11335 enter for 11355 - 11380 - 11440 , SL 11310
















Sustaining below 11265 enter for 11245 - 11220 - 11160 , SL 11290


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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