Nifty wonderfully tested All time high twice at 15900 and formed a Double Top pattern. We can expect NIfty to touch 15500 in Early July expiries. Hold your short positions until it breaks the Resistance zone at 15800 levels or execute fresh short near 15780 levels. We need to stay caution as overall Market sentiment is bullish. We are trying to capture a small correction in downside.
Kindly share your valuable feedback.
Disclaimer Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
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100 points profit...Keep trailing the SL......we have a support zone at 15650. Book partial profits and then wait for a bullish reversal signal
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Trailing SL hit. Trade closed with 40 points profit
@natarajanshankar, yes bro will hit new high as per the wave count. But the trend change u have indicating will happen mostly from 15950 to 16000 range
Dinesh_Kryptonian
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@natarajanshankar, todays red candle is just profit booking and DII BOUGHT for almost 400 cr
natarajanshankar
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@Dinesh12323545 yeah... May be there is a chance to go test All time high again... Let see, what is waiting for us in upcoming days😁