9 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 10 JUNE 2016

FOR SUCH ROCKING CALL FILL UP THE FORM GIVEN HERE>>>>
Stock market ended in deep red on Thursday ahead of key macro economic data to be released on Friday. Import & export data and April industrial production data are scheduled to be announced by the government tomorrow. On Thursday Bulls were trapped in the bears grip at the time of closing. Triggered by feeble global cues, market ended nearly a 1% point lower today. The sesnsex fall 250 points & nifty also came near to 8200 support level. The Sensex ended with a loss of 257 points at 26763. The Sensex opened at 26995 touched an intra-day high of 26994 and low of 26692. The Nifty closed with a loss of 69 points at 8204. The NSE Nifty opened at 8273 hitting a high of 8273 and low of 8185.
Next logical target for Nifty would be 8150-8100 and breaching levels of 8100 would force Nifty to see levels of 8000. Whereas the 8300-8350 will act as very strong resistance levels
If once it go to 8350 then there will higher probability for Nifty to touch 8370-8400 levels.
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RESISTANCE: 8350, 8380, 8410
SUPPORT:  8200, 8170, 8140

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