manavtechresearch

NIFTY TRADE SETUP FOR THE WEEK

NSE:NIFTY   Nifty 50 Index
-SGX NIFTY IS INDICATING A 60 POINT GAP-UP
-WE WILL OPEN NEAR OR ABOVE THE TRADING RANGE OF NIFTY OF 10690-10830
-POSITIVE NEWS INFLOWS FOR MAJOR STOCKS WE MIGHT SEE TEST OF 200-SMA PLACED AT 10880
-CRUCIAL SUPPORT IS PLACED AT 10690
-CRUCIAL RESISTANCE IS PLACED AT 10850
-"PLEASE NOTE" NIFTY IS TRADING INSIDE THE BAR OF 8TH JUL FOR TWO CONSECUTIVE DAY
-TODAY WE MIGHT SEE A INSIDE BAR BREAKOUT ON THE UPSIDE WHICH WE WILL BE POSITIVE

NIFTY RESISTANCE FOR THE DAY
10810-10887-10950
NIFTY SUPPORT FOR THE DAY
10750-10720-10660

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

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