Sunday 26 June 2022

Nifty Outlook for 27th Jun

 In the previous session :

Nifty went up by 192 points before closing higher by 142 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 24th Jun :-

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


For 27th Jun :-

Sustaining above 15770 enter for 15815 - 15865 - 15995 , SL 15720

Sustaining below 15630 enter for 15585 - 15535 - 15400 , SL 15680

Now for this week :

On the upside :

Nifty has to sustain and close above 15820 - 15890 where it has its initial resistance to move towards next targets of 16080 - 16130 . 

Closing above 16130 Nifty may move towards further targets of 16300 - 16480 .

On the downside :

Nifty has to sustain and close below 15580 - 15510 where it has its initial support to move towards next targets of 15320 - 15270 . 

Closing below 15270 Nifty may move towards further targets of 15100 - 14920 .



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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