In the previous session :
Nifty went up by 82 points then went down by 189 points before closing lower by 165 points on Wednesday 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 24th Jun :
Nifty initially triggered our long trade and took our stoploss. Nifty then reversed to trigger our short trade did 133 points .
For 25th Jun :
Sustaining above 10355 enter for 10385 - 10425 - 10515 , SL 10320
Sustaining below 10255 enter for 10225 - 10190 - 10095 , SL 10290
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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