On Friday both the indexes ended near all time high still indicating further up move. Global factors are supporting the market to clinch new highs every day during this month. This moth has been extra ordinary. On an average we have been gaining 250 points PM since Jan to June ( 8000 to 9500)/6= 250.
But this month we have already moved from 9450 to 9900, that is 450 points up.
Will the rally continue and 10,000 will be sustained? This expiry will answer the question in everyone's mind.
Intra Day Levels:
Nifty Fut Support 9886-64-59 Resistance 9903.84 . Trend changing line 9829.
Bank Nifty Support 23963/927/904/832/810. Trend changing line 23759
Best of Luck!!!
But this month we have already moved from 9450 to 9900, that is 450 points up.
Will the rally continue and 10,000 will be sustained? This expiry will answer the question in everyone's mind.
Intra Day Levels:
Nifty Fut Support 9886-64-59 Resistance 9903.84 . Trend changing line 9829.
Bank Nifty Support 23963/927/904/832/810. Trend changing line 23759
Best of Luck!!!
Yes it is 450 plus.Here we could see the strength of bulls for this week.But the fate of writers for this July series also to be tested how far they can sustain!
ReplyDeleteWe may see sideways move below 9900 if nifty is not able to cross 10000 before 20th July.
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