Market Bytes 04-Jul-2016
Nifty futures: NIFTY futures continues the upmove with another gap up. For the upmove to sustain its important that NIFTY future sustains above 8340-50 zones. Upside swing targets now emerge at 8500-20 levels. In case it breakes below 8340 its back to a range bound. Interesting price action for last week. It was a week where almost all asset classes showed an upmove ( Equities, Oil, Bonds, metals)
#nifty #nseindia #sensex #stock
Nifty futures: NIFTY futures continues the upmove with another gap up. For the upmove to sustain its important that NIFTY future sustains above 8340-50 zones. Upside swing targets now emerge at 8500-20 levels. In case it breakes below 8340 its back to a range bound. Interesting price action for last week. It was a week where almost all asset classes showed an upmove ( Equities, Oil, Bonds, metals)
#nifty #nseindia #sensex #stock
Trade closed: stop reached
NIFTY Breakdown doesnt auger well. Could go on to test the downside zone of 8250 odd levels
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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.