Thursday, July 6, 2017

Market out look daily 6th july 2017

Nifty – Bank Nifty – Narrow Range
Ready for big move in either side

Mrket Out Look   :  Market open with strong up move and holding all the gains and closed above 9600 level.   Over all trend is bullish and waiting for trigger, if happened looks big move in coming days.
Nifty Spot  :   Consider support  96150-9600 resistance nearly 9700-9710
Nifty Future  :   Decent support 9600-9610  resistance 9680-9700.
Bank Nifty Future  :   Trading range continue and moving around 200-300 points, down side support 23100-23200 range and resistance 23450, crossover big move.
PSU Bank INDEX  :    Resistance at higher level continue. But current level avoid any short sell.   After sharp down side, strong bounce back can notbe ruled out.
NIFTY Pharma Index :    Trend is down but continue holding support level with consider 9300 and resistance  9700.
Long Side            :   Lupin, IDFC, IDFC Bank and many more
Short Side            :  ITC, Indian Bank, Bretiana

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1 comment:

  1. Lots of things to be matter in the marketing to change the whole system for stock also.

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