#NIFTY50 View for tomorrow 12.7.22
- Key levels on hourly chart. Now for any momentum, we need breakout on either side. Till now positionally +ve
- Intraday basis, if it crosses above today high, we can go for CE (Gap up and cross will be best scenario)
- If we open flat, and start coming down after facing rejection from today high, we can go for PE if it closes below 16190 (targets will be small, as it will be trading against bigger time frame trend)
-Do keep in mind the range on hourly chart