Wednesday 20 June 2018

Stay Cautious As Nifty May Retest 10,700 Levels

Posted by suhani varma on Wednesday, June 20, 2018 with No comments

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 20 June 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 20 June 2018.
-----------------------------------------------------------------------------------------------------------
The Nifty ended Tuesday 0.83 percent lower at 10,710.45. It opened with a minor gap down and continued making lows before ending the session with a bearish body candle. The index found support around its 30-day exponential moving average (EMA) on the daily chart placed around 10,700 levels and ended nearer to the day’s low.

The candle pattern, along with position of leading indicators, suggests it may once again challenge its critical support of 10,700. Successful breakdown of 10,700 may unfold next leg of down move towards 10,670 and 10,650. Hence, staying cautious below 10,700 is advised. On the flip side, 10,750 and 10,810 may continue to act as critical resistances.

For Quick Trial Contact:
✆ -  09699997717
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

0 comments:

Post a Comment