Monday, 6 June 2016

Market Review for 7th June 2016


Nifty (8201) we said “8300 would be next technical target if the up move continues as technically the trend is still intact but I would not be surprised is some profit booking comes in but however the crucial support to watch is 8100’ the market saw some profit booking in the upper region and has so far closed marginally in the red but technically the trend is still intact up though we are at very crucial make or break levels of 8243…crucial support is at 8100…

The support for the Nifty is at 8134-8100 and the resistance is at 8243-8300

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