NIFTY OUTLOOK FOR 20/06/2014
BULL JUMP ABOVE 7600 IN THE MORNING.
BUT NOT ABLE TO SUSTAIN.
BEARS SEE A CLOSE BELOW 7555 AT 7540.
BUT NOT ABLE TO SUSTAIN.
BEARS SEE A CLOSE BELOW 7555 AT 7540.
NOW 7488 IS BIG BIG SUPPORT FOR BULLS.
IF NIFTY CLOSE BELOW 7488 THEN BEARS
CAN LEAD NIFTY TO 7400 AND TO 7311.
IF NIFTY CLOSE BELOW 7488 THEN BEARS
CAN LEAD NIFTY TO 7400 AND TO 7311.
BULLS HAVE TO SEE A CLOSE ABOVE 7600
FOR APPLY BREAK ON THE BEARS MOVE.
A CLOSE ABOVE 7644 WILL BRING MORE GREEN.
FOR APPLY BREAK ON THE BEARS MOVE.
A CLOSE ABOVE 7644 WILL BRING MORE GREEN.
AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7600.
ABOVE 7644 BULLS CAN TARGET 7733 AND 7822.
BELOW 7555 BEARS CAN TARGET 7466 AND 7377.
NOW THE WEEKLY PIVOT IS 7600.
ABOVE 7644 BULLS CAN TARGET 7733 AND 7822.
BELOW 7555 BEARS CAN TARGET 7466 AND 7377.
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