Friday, 22 June 2018

NIFTY WEEKLY OUTLOOK ( 25th June 2018 to 29TH June 2018)


Closed  @ 10821

EMA 10 @ 10772
EMA 20 @ 10742
EMA 50 @ 10660

Resistances: 10850,10950
WEEKLY PIVOT: 10790
Supports: 10770,10670,10550


DEAR TRADERS,

NIfty is still holding 10700 strongly and closed at 10821, nifty made bearish hammer candle pattern on weekly chart and previous week it made inverted hammer on weekly chart and on daily chart still looking consolidation range between 10700 to 10850,trendline is also resisting strongly on daily chart and nifty is still unable to close above this trendline . nifty sustaining above trendline will give fresh move in upside.

Thanks

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