Monday, 19 June 2017

NIFTY TREND 20/6/17

Nifty and BNF both moved as  expected.  NF closed at 9676.50 indicating a further downward move to 9660//9645.

Bank Nifty Future closed at 23675 and could not retain the gains and the close is below previous high 23778. Again BNF indicates a further move down to 23580-560.

Both the index are on buy on dip mode.

Nifty Intra day level: Resistance 9688-9705  Support 9661-41-16-9600

Bank Nifty Intra day level : Resistance  23712-778-826  Support 23641-580-550-510

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