Nifty spot opened at 10056.85 and made a low of 10028.05 , it made a high of 10097.55, before closing at 10093.05
Had mentioned that long positions for the day can be taken above 10025 and short positions can be taken below 9990 . Nifty triggered our long trade and completed all our targets giving around 55+ points .
Had mentioned in the previous post " Now in the coming session Nifty needs to break and sustain below 9990 to test 9970 - 9965 initially and sustaining below it we can see a test of 9950 - 9930 . Breaking and sustaining above 10025 we can see a bounce till 10045 - 10050 initially and breaking and sustaining above it we can see a test of 10065 - 10080 . " , and we saw Nifty sustain above 10025 and make a high of 10093.05 . Now in the coming session Nifty needs to break and sustain below 10075 to test 10055 - 10050 initially and sustaining below it we can see a test of 10035 - 10020 . Breaking and sustaining above 10110 we can see a bounce till 10130 - 10135 initially and breaking and sustaining above it we can see a test of 10150 - 10170
Nifty Spot Levels for the day are
Long above 10110 for 10120 - 10135 - 10170 , SL 10085
Short below 10075 for 10065 - 10050 - 10020 , SL 10100
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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.