Saturday 26 December 2020

Nifty Outlook for 28th Dec

 In the previous session : 


Nifty went up by 170 points  before closing higher by 148 points on Thursday as compared to the previous day's close. 







Nifty  made a new life time high of 13777.50 in this upmove from the levels of  7511.10  . 


On 24th Dec :

Nifty triggered our long trade and completed 2 targets doing 100 points 


For 28th Dec :
 
Sustaining above 13815 enter for 13855 - 13905 - 14025 , SL 13770


Sustaining below 13685 enter for 13645 - 13595 - 13475 , SL 13730


 

Now for this week :

Nifty has immediate resistance at 13855 - 13925 zone and closing above it we may see a further move towards 14105 - 14155 zone 

Nifty has immediate support at 13645 - 13575 zone and closing below it we may see a further move towards 13395 - 13345 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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