Nifty Outlook for 30th Jun

  In the previous session:

Nifty went up by 193 points before closing higher by 154 points on Wednesday 

Nifty made a new lifetime high of 19011.25 on 28th Jun 2023 from the lows of 7511.10 made on 24th March 2020

On 28th Jun:

Nifty opened above our 2nd long target but then gave a dip till near our entry and completed all targets and more doing 150 points 

For 30th Jun:

Sustaining above 19010 enter for 19030 - 19055 - 19125, SL 18985

Sustaining below 18935 enter for 18915 - 18885 - 18820, SL 18960

In the Previous Week: 

Nifty traded sideways between our weekly support and resistance zone and did not give a trade

Now for this week:

On the upside:

Nifty has to sustain and close above its weekly resistance at 18720 - 18755 to move towards its initial weekly long targets of 18845 - 18870. 

Closing above 18870 Nifty may move towards its last weekly long targets of 18945 - 19030

On the downside:

Nifty has to sustain and close below its weekly support at 18615 - 18575 to move towards initial weekly short targets of 18490 - 18460

Closing below 18460 Nifty may move towards its last weekly short targets of 18390 - 18300

So far this week Nifty has made a high of 19011.25 almost completing our last weekly long targets of 18945 - 19030 and closed at 18972.10

Now in the coming session Nifty sustaining above 18870 can complete the move till 18945 - 19030. On the downside Nifty has immediate support at 18850 on dips and has to break and sustain below it for a move towards 18755 - 18720 levels.

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Disclaimer: I am not SEBI registered and these are my personal views and one should do their own research or consult a financial advisor 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.