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Here are the market directions and levels for June 30:
Market Overview
There have been no changes in the global or local markets. Both the global markets and our local markets are showing bullish sentiment.
Gift Nifty is indicating a positive start of around 20 points today.
So, what can we expect today?
The structures are still the same as what we saw in Friday’s session. We are currently in a minor consolidation zone, so if the market faces rejection near the immediate resistance, we can expect a retracement of around 38% to 50% in the minor swing.
On the other hand, if the market breaks the immediate resistance with a solid structure, then it could reach the next resistance level with the strong bullish bias.
Here are the market directions and levels for June 30:
Market Overview
There have been no changes in the global or local markets. Both the global markets and our local markets are showing bullish sentiment.
Gift Nifty is indicating a positive start of around 20 points today.
So, what can we expect today?
The structures are still the same as what we saw in Friday’s session. We are currently in a minor consolidation zone, so if the market faces rejection near the immediate resistance, we can expect a retracement of around 38% to 50% in the minor swing.
On the other hand, if the market breaks the immediate resistance with a solid structure, then it could reach the next resistance level with the strong bullish bias.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.