NseMcxTalks

Nifty Analysis 26 Jul

Long
NseMcxTalks Updated   
NSE:NIFTY   Nifty 50 Index
Strategy: Channel and PA

Entry : 19800 and above

SL : 19750

Target : 19880 19940

If the price enters the channel down, exit

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Disclaimer : Ideas listed are My Trading analysis and Notes/journals. Not a RA
These are NOT recommendations for Buy
/Sell.
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Comment:
19820 level is providing resistance.
action : Staying with long
To add further above 19820
Comment:
Second session retracing to gauge the lows.
Action : To wait until 19750-770(channel topline)
SL :Still below 19740
Trade closed manually:
SL 19740 still intact,
But,Intradayers closed at channel break of 19770
Strong supports at 19640 and 19740
Resistances at 19840 and 19900 for near term
Will update tomorrow monthly expiry
Trade closed manually:
Intraday closed

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