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
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