In the previous session :
Nifty went down by 36 points then went up by 230 points before closing lower by 210 points on Thursday 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 18th Jun :
Nifty triggered our long trade and did 186 points today exceeding our last target. Had mentioned yesterday that after the indecisive move we should see a trending move in the coming sessions and today we saw one.
For 19th June :
Sustaining above 10145 enter for 10175 - 10210 - 10305 , SL 10105
Sustaining below 10040 enter for 10010 - 9975 - 9880 , SL 10075
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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