Sunday, 22 October 2017

Nifty Spot Outlook for 23rd October


Nifty spot opened at 10210.35 and made a high of 10211.95 , it made a low of 10123.35, before closing at 10146.55 . Nifty made a new life time high of 10251.95 in the previous week .

Now in the coming session Nifty needs to break and sustain below 10125 to test  10105 - 10000 initially and sustaining below it we can see a test of 10080 - 10060  . Breaking and sustaining above 10170 we can see a bounce till 10190 - 10195 initially and breaking and sustaining above it we can see a test of  10215 - 10235.

Nifty Spot Levels for the day are

Long above 10170 for 10180 - 10195 - 10235 , SL 10140

Short below 10125 for 10115 - 10100 - 10060 , SL 10150

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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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