Nifty 50 Expiry Special Analysis for 13th July 2023
Nifty 50 Current Level - 19384
Upside Resistance - 19440
Downside Crucial Support - 19360
In Nifty 50, wait for market to sustain above 19440, if market breaks above this keep trailing stoploss till 19480 and 19520
On downside, wait for market to sustain below 19360 which is a crucial support, if market breaks below it keep trailing stoploss till 19300 and 19225
Execute only after break and close above or below from resistance level or support level at 5-minute candle.
Important - Realize that this is all for educational purpose only.
Upside Resistance - 19440
Downside Crucial Support - 19360
In Nifty 50, wait for market to sustain above 19440, if market breaks above this keep trailing stoploss till 19480 and 19520
On downside, wait for market to sustain below 19360 which is a crucial support, if market breaks below it keep trailing stoploss till 19300 and 19225
Execute only after break and close above or below from resistance level or support level at 5-minute candle.
Important - Realize that this is all for educational purpose only.
Comment:
Nifty 50 reached it's target.