22 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 23 JUNE 2016

Bulls opened market high but bears managed to pull it down before the closing of market. The Sensex and Nifty swung between gains and losses on Wednesday and ended the trade in red as Brexit worries continued to affect investor’s sentiments globally. Sensex settled 47 points down at 26765, while Nifty index closed 16 points down at 8203. The market extended its losses due to the uncertainty over Brexit and surge in oil price.

Tomorrow highly volatile trading session going to be witnessed. Once nifty cross 8250 resistance the 8300 will be the target for bulls & then the next resistance for nifty will be 8345.
Buy on dip until nifty hold 8150

Supports: 8200, 8150
Resistances: 8270, 8320

No comments:

Post a Comment