Sunday 14 June 2020

Nifty Spot Outlook for 15th Jun

In the previous session : 



Nifty went down by 357 points then went up by 94 points before closing higher by 70 points on Friday as compared to the previous day's close.




Nifty had made a life time high of 12430.50 on 20th January and again failed to give a strong close above its congestion zone of 12300 - 12375 for the upward momentum to continue and we saw a correction till 7511.10 now . 


On 12th Jun :

Nifty opened below our last short target for the day and did not give a chance to trade as per levels posted here. Had updated levels post pre opening on the telegram channel wherein it had triggered a long trade and completed all our targets.


For 15th June  :

Sustaining above 10015 enter for 10045 - 10075 - 10155 , SL 9985


Sustaining below 9930 enter for 9905 - 9875 - 9795 , SL 9960


Incase we get a gap up beyond the 1st target then will update fresh levels as per pre opening on 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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