In the previous session :
Nifty went up by 147 points before closing higher by 114 points on Friday
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 22nd Jul :-
Nifty triggered our long trade and completed 2 targets and more doing 100 points.
For 25th Jul :-
Sustaining above 16770 enter for 16795 - 16830 - 16920 , SL 16735
Now for this week :
On the upside :
Nifty has to sustain and close above 16795 - 16845 where it has its initial resistance to move towards next targets of 16975 - 17010 .
Closing above 17010 Nifty may move towards further targets of 17120 - 17240 .
On the downside :
Nifty has to sustain and close below 16640 - 16590 where it has its initial support to move towards next targets of 16465 - 16430 .
Closing below 16430 Nifty may move towards further targets of 16320 - 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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