Sustaining above 19470 enter for 19485 - 19505 - 19550, SL 19450
Sustaining below 19415 enter for 19405 - 19385 - 19340, SL 19435
Nifty has to sustain and close above its weekly resistance at 19355 - 19380 to move towards its initial weekly long targets of 19450 - 19470.
Closing above 19470 Nifty may move towards its last weekly long targets of 19530 - 19600
On the downside:
Nifty has to sustain and close below its weekly support at 19270 - 19240 to move towards its initial weekly short targets of 19170 - 19150
Closing below 19150 Nifty may move towards its last weekly short targets of 19090 - 19030
So far this week Nifty has made a high of 19472.05 breaking above our weekly resistance zone of 19355 - 19380 and completed our initial weekly long targets till 19450 - 19470
Now in the coming session Nifty has immediate support at 19380 - 19355 and has to hold it to bounce back else breaking and sustaining below it can correct till 19270 - 19240. On the upside Nifty has to sustain above 19470 to move towards its last weekly long targets of 19530 - 19600
In case of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks".
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