In the previous session :
Nifty went down by 10 points then went down by 125 points before closing lower by 21 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 24th Jul :
Nifty triggered our short trade and did 85 points
For 27h Jul :
Sustaining above 11240 enter for 11265 - 11295 - 11375 , SL 11205
Sustaining below 11150 enter for 11125 - 11095 - 11015, SL 11180
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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