Monday 29 June 2020

Nifty Spot Outlook for 30th Jun

In the previous session : 



Nifty went down by 159 before closing lower by 70 points on Monday 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 29th Jun :

Nifty triggered our short trade and did 88 points. 


For 30th Jun  :

Sustaining above 10360 enter for 10385 - 10420 - 10505 , SL 10325


Sustaining below 10265 enter for 10240 - 10205- 10120 , SL 10300


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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