In the previous session :
Nifty went down by 177 points then went up by 39 points before closing lower by 67 points on Friday
Nifty made a new life time high of 18604.45 in this upmove from the lows of 7511.10 made on 24th March 2020
On 17th Jun :-
Nifty triggered our short trade with a gap down near our 1st target and fell further by 90 points.
For 20th Jun :-
Sustaining above 15355 enter for 15390 - 15430 - 15540 , SL 15310
Now for this week :
On the upside :
Nifty has to sustain and close above 15390 - 15450 where it has its initial resistance to move towards next targets of 16620 - 15660 .
Closing above 16660 Nifty may move towards further targets of 15800 - 15960 .
On the downside :
Nifty has to sustain and close below 15190 - 15130 where it has its initial support to move towards next targets of 14970 - 14930 .
Closing below 14930 Nifty may move towards further targets of 14790 - 14630 .
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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