Thursday 15 June 2017

MARKET VIEW 16/6/2017

Nifty future managed to close near 9600. Still looking weak unless it moves above 9606. ON the other hand BNF managed to get rid of danger zone and comfortably closed above 23358.  Tomorrow we can see BNF move upto 23465 to support nifty future to cross over 9606.

The  coming week is likely to be a consolidation before a move above 9700.

Technicals for NIFTY FUTURE : Support 9598-9583 Resistance 9607-37-47-51-62.

BANK NIFTY  Support 23361-311 Resistance 23462-471-493-525-533-575.



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