In the previous session :
Nifty went down by 41 points then went up by 120 points before closing higher by 87 points on Friday as compared to the previous day's close.
Nifty made a new life time high of 12963 in this upmove from the levels of 7511.10 .
On 20th Nov :
Nifty triggered our long trade and completed 2 targets giving 75 points.
For 23rd Nov :
Sustaining above 12895 enter for 12920 - 12945 - 13015 , SL 12870
Sustaining below 12820 enter for 12800 - 12770 - 12700 , SL 12850
Now for this week :
Nifty has immediate resistance at 12920 - 12960 zone and closing above it we may see a further move towards 13060 - 13090 zone
Nifty has immediate support at 12795 - 12760 zone and closing below it we may see a further move towards 12655 - 12630 zone .
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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