Nifty has posted another gap up opening in it post Brexit rally. However, it is interesting to note how the day’s range is showing a negative shift. The liquidity and the optimism in the market is not being honoured by many participants, and the level of 8400 has posed itself as a commendable resistance zone. Watch this video for a whole account on Nifty with support and resistance zones, and also an account of the international indices, currencies, commodities, and the chart of the day : ONGC
Market Wrap for 4th July, ’16: Nifty closes in on 8400!
Excellent. Read your profile. Keep it UP.
Success will follow. Bless you.
My personal view..
Market has stretched long enough ..next targets for nifty should be 8100 – the 7980..this should happen within this month..if 7927 breaks then even levels of 7405 r possible..
Disclaimers: Do not trade on my views cause I won’t be responsible for your losses.
Peace out n have fun..