Tuesday, 13 June 2017

MARKET VIEW 14/6/2017

Nifty future has lost all the gains and ended very near the day's low at 9613.  BNF also ended at 23435 and the down trend is likely to continue irrespective of global cues.

The NPA issue  is likely to drag BNF down to 23348  and below.

Nifty Future technical. If Nifty future breaches 9602 then 9589 -9570 can be taken as next support levels.  9606 is trend deciding number below which NF is weak. it has resistance at 9628-35-45-50.

Bank Nifty Future takes next support 23415-360 and 23358 is trend deciding number and breaching this number indicates weakness in BNF for lower levels unto 23100.




5 comments:

  1. Its ok Sir. Why the writers demanding higher premium?

    ReplyDelete
    Replies
    1. Events and volatility are the factors.

      Delete
    2. Events and volatility are the factors.

      Delete
    3. Events and volatility are the factors.

      Delete
    4. Events and volatility are the factors.

      Delete

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