Nifty spot opened at 9907.15 and made a low of 9882 , it made a high of 9925.75, before closing at 9912.80
Had mentioned that long positions for the day can be taken above 9885 and short positions can be taken below 9830 . Nifty triggered our long trade and completed 2 targets for the day. Nifty triggered our weekly longs but has yet to confirm it by sustaining / closing above 9935 . .
Had mentioned in the previous post " Now in the coming session Nifty needs to break and sustain below 9830 to test 9800 - 9790 initially and sustaining below it we can see a test of 9765 - 9735. Breaking and sustaining above 9885 we can see a bounce till 9915 - 9925 initially and breaking and sustaining above it we can see a test of 9950 - 9980 " , and we saw Nifty make a high of 9925.75 on sustaining above 9885 today . Now in the coming session Nifty needs to break and sustain below 9890 to test 9865 - 9855 initially and sustaining below it we can see a test of 9835 - 9810 . Breaking and sustaining above 9935 we see a bounce till 9960 - 9970 initially and breaking and sustaining above it we can see a test of 9990 - 10015.
Nifty Spot Levels for the day are
Long above 9935 for 9950 - 9970 - 10015 , SL 9905
Short below 9890 for 9875 - 9855 - 9810 , SL 9920
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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.