Nifty 50 Analysis for 14th July 2023
Nifty 50 Current Level - 19413
Upside Resistance - 19450
Downside Crucial Support - 19390
In Nifty 50, wait for market to sustain above 19450, if market breaks above this keep trailing stoploss till 19520 and 19560
On downside, wait for market to sustain below 19390 which is a crucial support, if market breaks below it keep trailing stoploss till 19330 and 19260
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 - 19450
Downside Crucial Support - 19390
In Nifty 50, wait for market to sustain above 19450, if market breaks above this keep trailing stoploss till 19520 and 19560
On downside, wait for market to sustain below 19390 which is a crucial support, if market breaks below it keep trailing stoploss till 19330 and 19260
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.
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