Nifty Outlook for 30th Mar

 In the previous session : 

Nifty went up by 248 points before closing higher by 182 points on Friday as compared to the previous day's close. 

Nifty  made a new life time high of 15431.75 in this upmove from the levels of  7511.10  . 

On 26th Mar :

Nifty triggered our long trade with a gap up and completed all targets and more doing 100+ points . 

For 30th Mar :

 

Sustaining above 14570 enter for 14610 - 14650 - 14770 , SL 14525

Sustaining below 14445 enter for 14410 - 14360 - 14245 , SL 14490

 

Now for this week :

Nifty has immediate resistance at 14610 - 14670 zone and sustaining or closing above it we may see a further move towards 14485 - 14890 zone 

Nifty has immediate support at 14405 - 14345 zone and sustaining or closing below it we may see a further move towards 14170 - 14125 zone . 

Now as long as Nifty is unable to break above 14670 we can see it correct again towards 14405 - 14345 zone initially and sustaining below it towards 14170 - 14125 . 

So far this month we have seen a high of 15336.30 but Nifty failed to close above 15290 and we saw a sharp correction of nearly 1000 points till 14264.40 .

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.