In the previous session :
Nifty went up by 369 points before closing higher by 311 points on Thursday.
Nifty made a new life time high of 18604.45 in this upmove from the lows of 7511.10 made on 24th March 2020
On 17th Mar :-
Nifty triggered our long trade with a gap up above our 1st target and went further and completed 2 targets and more doing 150 points.
For 21st Mar :-
Sustaining above 17385 enter for 17440 - 17510 - 17695 , SL 17315
Now for this week :
On the upside :
Nifty has to sustain and close above 17445 - 17545 where it has its initial resistance to move towards next targets of 17810 - 17880 .
Closing above 17880 Nifty may move towards further targets of 18110 - 18360.
On the downside :
Nifty has to sustain and close below 17130 - 17030 where it has its initial support to move towards next targets of 16760 - 16690 .
Closing below 16690 Nifty may move towards further targets of 16460 - 16200 .
Incase of a gap up beyond the first target then for fresh updated levels intraday follow 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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