Saturday 9 June 2018

NIFTY TREND

Nifty moved with in the range predicted and it is now in consolidation mode.  A close above 10683 gave a positive start next day.

PSU banks are also performing well and may  help bank nifty to move up. 

As of now both nifty and bank nifty are in buy mode but may not show urgency in making a big move on both sides. 

This week nifty range 10722-10890.   Bank Nifty 26330-26900.

Nifty has strong support at 10680 and  this is slowly shifting to 10722. Any dip is a buy in this market. 

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