Thursday 26 June 2014


●Nifty  on 25 june traded in a very narrow range

●The positional uptrend can catch up only abv 7600 which nifty was unable to cross yesterday but it traded  and gave a close  abv its bounch back support  of 7550

●The inverse head & shldr pattern in hourly chart indicates the catch of uptrend abv 7614 and gets ready for a move of 50 pts .

●If nifty brks 7538 we can see it going to 7460

●Being an expiry day today we can see volatality in the market

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