TradingView
IndexxTrader
Jul 9, 2022 3:31 AM

Nifty can be positionaly buy  Long

Nifty 50 IndexNSE

Description

Nifty affecting indicies Dow and Nasdaqe looks positive for next 2 weeks, We can see 32150 & 32850 levels on Dow,
That means Indian markets may trade positively for next few days,
There may be some minor corrections in some days, but overall we can see 16750 on Nifty and 35800 on Banknifty in next 1-2 weeks,Important Support for Nifty would be 15965 and 34275 for Banknifty,
One can create long positions specially in Nifty , Can accumulate 16200 CE of 21st July Expiry from 16200 to till 16050, with the Stop loss of 15965, Average price would be 150 and the targets may be 550-600 before 21st July Expiry.
More