No big side movement seen in Nifty Resist at11650 levels

Jul 16, 2019

On examining the chart of NIfty Hourly time frame, it clearly suggest that there is no big movement seen in Nifty till its crossing of 11650 levels which is a crucial immediate resistance level for Intraday. Not suggesting for short as FIIs having longs in CE option and futures. However, it may be a good shorting area for risky traders to short here after taking 11670 SL for target of 11580 levels during intraday.

Jul 16, 2019

Trade active

SL 11670 Target 11530 for swing traders.

Jul 19, 2019

Trade active

I think all swing targets achieved and Risky traders have won the game again .... as suggested all the levels meet in todays session, even more than 150 points from the target. Still you can trial your stoplosses till achieve the target of 11300 levels.