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manavtechresearch
Jul 22, 2020 3:18 AM

NIFTY TRADE SETUP  Long

Nifty 50 IndexNSE

Description

NIFTY TRADE SETUP
-SGX IS SHOWING A FLAT TO POSITIVE START
-NIFTY INDEX HAS CLOSED THE GAP BETWEEN 11022-11135
-ONCE GAP COVERS AND MARKET WILL SHOW STRENGTH
-NEXT TARGETS ARE 11240-11342
-A CLOSE ABOVE 11380 WILL SEE INDEX MOVE TOWARDS 10530-11600
-CRUCIAL SUPPORT IS NOW PLACED AT 11125
-CRUCIAL RESISTANCE IS PLACED AT 11240
-"BUY ON DIPS" WAS RECOMMENDED YESTERDAY
-PLEASE WAIT FOR A DIP TO ENTER INTO MARKET

NIFTY RESISTANCE FOR THE DAY
11175-11240-11342
NIFTY SUPPORT FOR THE DAY
11125-11035-10980


!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
Comments
nachiketsurve17
Hello,

Kindly provide today’s support n resistance level for Nifty. Its very useful while trading.

Thanks
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