Nifty has posted another gap up opening in it post Brexit rally. However, it is interesting to note how the day’s range is showing a negative shift. The liquidity and the optimism in the market is not being honoured by many participants, and the level of 8400 has posed itself as a commendable resistance zone. Watch this video for a whole account on Nifty with support and resistance zones, and also an account of the international indices, currencies, commodities, and the chart of the day : ONGC
Excellent. Read your profile. Keep it UP.
Success will follow. Bless you.
My personal view..
Market has stretched long enough ..next targets for nifty should be 8100 – the 7980..this should happen within this month..if 7927 breaks then even levels of 7405 r possible..
Disclaimers: Do not trade on my views cause I won’t be responsible for your losses.
Peace out n have fun..