The bulls have taken the charge in the market. As we have
predicted we have seen nifty above 8300 level. After being cautious for the
past two trading sessions, stock market in India surged higher on Thursday
tracking a strong upswing in the European equity markets as UK voters began to
cast ballots on 'Brexit' referendum. The Sensex and NSE Nifty advanced
over 0.80% on Thursday tracking firm trend in European markets as UK voters
began to cast ballots on ‘Brexit’ referendum. The Sensex ended with a gain of
237 points at 27002. The Sensex opened at 26753 touched an intra-day high of 27061
and low of 26737. The Nifty spot closed with a gain of 67 points at 8270. The Nifty
spot opened at 8201 hitting a high of 8286 and low of 8188.
It would be the best chance for Nifty to break 8300 levels and once
8300 will break the next achievable target will be 8500. Market Next movement
would depend on Brexit Poll Decision By Today Evening & also domestic
market triggers like strike of monsoon & GST bill which may be passed in
monsoon session of parliament.
SUPPORTS: 8330 AND 8380
RESISTANCES: 8150 AND 8100
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