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