NIFTY TRADE STEUP

2020年7月1日

-SGX NIFTY IS SHOWING A GAP UP OF 40 POINT GAP-DOWN
-TODAY INDEX CAN TEST ITS LOWER BOUND AT 10225
-I AM CONSTANTLY POSTING A " BUY ON DIPS" RECOMMENDATION
-BUT IF IT BREAKS 10225 WE CAN SEE RETEST OF 10160
-THE BIGGER RANGE IS FROM 10225-10388
-CRUCIAL HURDLES EXPECTED AT 10366-10388
-CRUCIAL SUPPORT AT 10275-10225
-INDEX NEEDS TO CONQUER(CLOSE) 10388 ON 30 MINS CHART TO START A FRESH RALLY TOWARDS 10440-10510
-INDEXD NEED TO BREAK BELOW 10225 TO START TOWARDS 10160-10070
-MARKET IS FACTORING NEGATIVES AND FORMING A BASE
-KEY THING TO WATCH OUT IS THE FOMRATION OF A NEW TRENDLINE ON 30-MIN CHART
-PREMIUM IS IN DEEP DISCOUNT SIDEWAYS MARKET IN OPEN MIGHT LEAD TO SHORT COVERING

NIFTY RESISTANCE FOR THE DAY
10275-10350-10390
NIFTY SUPPORT FOR THE DAY
10225-10160-10070

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

READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX

YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES

YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES