Morning !
Referring to my previous post on 27th June on the upside targets and the buying call given for both NIFTY and BANKNIFTY "BUY NIFTY AT CMP SPOT 8150 with TARGET of 8350 and SL of 8050 1:2 risk reward ratio BUY BANKNIFTY AT CMP SPOT 17777 SPOT with TARGET of 18077 and SL of 16666 1:3 risk reward ratio", NIFTY has a stiff resistance at 8283 and BANKNIFTY has a stiff resistance in the zone of 17805-17825-17870-17882. Any break above these levels/zone for both would trigger fresh break out for final targets of 8350 and 18077. While i would advise people to start booking profits in both either at these resistance levels or just above new higs for NIFTY above 8295 and for BANKNIFTY at 17900-17950 and step aside for the sell call later.
Happy Trading !
Referring to my previous post on 27th June on the upside targets and the buying call given for both NIFTY and BANKNIFTY "BUY NIFTY AT CMP SPOT 8150 with TARGET of 8350 and SL of 8050 1:2 risk reward ratio BUY BANKNIFTY AT CMP SPOT 17777 SPOT with TARGET of 18077 and SL of 16666 1:3 risk reward ratio", NIFTY has a stiff resistance at 8283 and BANKNIFTY has a stiff resistance in the zone of 17805-17825-17870-17882. Any break above these levels/zone for both would trigger fresh break out for final targets of 8350 and 18077. While i would advise people to start booking profits in both either at these resistance levels or just above new higs for NIFTY above 8295 and for BANKNIFTY at 17900-17950 and step aside for the sell call later.
Happy Trading !
Thanx sir I exited nifty long @8300 spot.waiting for ur next update as u said for sell call???
ReplyDeleteNeet: Would update soon on for the sell call too.
DeleteNeet: Be active on blog or MMB
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