NIFTY 50 VIEW
Nifty 50 (10714)
▪Nifty was in a range of 10500-10900 for the month of June.
▪It has given again a neutral closing like the month of May.
▪Breakout or breakdown from a range always witnesses a sharp move.
▪It has to maintain above 10850, zone to catch uptrend and show 10888-11040 in the month of July.
▪Weekly resistance can be 10844-10974 and supports are 10570-10427.
▪If nifty breaks the level of 10400 strong selling can take over the index.
Nifty 50 (10714)
▪Nifty was in a range of 10500-10900 for the month of June.
▪It has given again a neutral closing like the month of May.
▪Breakout or breakdown from a range always witnesses a sharp move.
▪It has to maintain above 10850, zone to catch uptrend and show 10888-11040 in the month of July.
▪Weekly resistance can be 10844-10974 and supports are 10570-10427.
▪If nifty breaks the level of 10400 strong selling can take over the index.
Hey, thanks for the information. your post s are informative and useful.
ReplyDeleteMusic Broadcast Ltd