Monday 19 June 2017

Nifty little lousy



19 Jun 2017

Friday-Nifty open 9595, made a high of 9616 and made a low of 9565, closed around 9588(-10), movement of only 51 points.

Now, key point for Nifty is 9559. Nowadays talking about Nifty is like a very serious brain storming process. Although Nifty has support around 9550 and resistance around 9650, we expect range bound momentum with positive bias.

Conclusion: Nifty should touch 9630-9650, till it's trading above 9580 levels.

…stockstopp(stockstopp@gmail.com)

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