FOR TODAY 17 JULY 2020 FRIDAY

NIFTY CASH CLOSED AT 10729

So yesterday NIFTY CASH behaved as we expected and strongly remained in our range of 10600 10768.

Also advised to buy NIFTY as per CASH at opening around 10611 and it went to 10700 + but I advised to book mid way only.

NOW

10600 + to 10620 and 10768 is the trading range for whole day today.

10856 will be seen again if it crosses 10768 with huge volume, or close above that.

FOR INTRA DAY : If it will come around 10600 10620 and other news and situations will be normal, we will BUY it for 60 to 80 RS profit target.

FOR POSITIONAL : We will buy ONLY at 10448 and average at 10178 for 150 to 170 RS profit target

10528 and 10178 will be seen ONLY IF IT WILL BREAK 10600 10592 on CLOSING BASIS

NEW TARGET FOUND (SUBJECT TO) : If it will close above 10856 for 2 days in line without even breaking it for 2 days than ONE WAY NON STOP STRAIGHT AWAY TARGET IS 11528
ONLY CONDITION is that it must close above 10856 for 2 days and should not break it even in intra day also for those 2 days.

GOOD LUCK

SOURCE : WWW.INDIARIGHTNOW.COM