In the previous session :
Nifty went up by 204 points before closing higher by 156 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 06th Jul :
Nifty triggered our long trade and did 100 points .
For 07th Jul :
Sustaining above 10805 enter for 10830 - 10855 - 10930 , SL 10775
Sustaining below 10725 enter for 10700 - 10670 - 10595 , SL 10755
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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