Sunday 10 October 2021

Nifty Outlook for 11th Oct

 In the previous session :

Nifty went up by 151 points before closing higher by 104 points on Friday.



Nifty made a new life time high of 17947.65 in this upmove from the lows of 7511.10 made on 24th March 2020


On 08th Oct :-

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

For 11th Oct :-

Sustaining above 17945 enter for 17970 - 18005 - 18095 , SL 17910

Sustaining below 17845 enter for 17820 - 17785 - 17695 , SL 17880


Now for this week :

Nifty has to break and sustain above 17975 - 18020 where it has its initial resistance for a further move towards 18150 - 18185 where it has its next resistance for the week

Nifty has to break and sustain below 17820 - 17770 where it has its initial support for a further move towards 17640 - 17605 where it has its next support for the week

Incase of a gap up beyond the first target then for fresh updated levels intraday follow 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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