Nifty gained on Monday, but Tuesday it is sluggish, our Market not taking clues from Asian Markets, Yesterday US market was holiday, so Europe not moved or traded in real sense.
Every dip even 40 points looks buy in NIFTY. Bank nifty seems buy around 23150-160 levels gives some profit. In BN - PSU banks not holding gains, they are sliding on Intraday itself, Axis is also not holding the gains. IndusInd bank result may give push to Bank Nifty 3rd week of JULY and 4th week of july, major PVT banks results are coming, till that time we have to wait ? or market will move higher pricing in the good result... let see,
Technically, Last week Low, 23000 in Bank Nifty and 9450 in Nifty will act as good support for the quarter and next quarter i.e, upto 2017 dec. If this holds 10,500 in nifty and 25,000 in bank nifty is possible for the next 2 qtr.
RELIANCE has shown good upside, 1360 seems good support, it will touch 1520 seems likely.
I think on Monday, Nifty has to comedown to 9400 level and bank nifty 22640 levels also mentioned in my earlier view, But Bull market never easy to get good levels to entry.
I have no other way, Just to be bullish to make money, otherwise I will miss the bus, always thinking about a 200 points correction in Market.
Let we find the answer.....
Every dip even 40 points looks buy in NIFTY. Bank nifty seems buy around 23150-160 levels gives some profit. In BN - PSU banks not holding gains, they are sliding on Intraday itself, Axis is also not holding the gains. IndusInd bank result may give push to Bank Nifty 3rd week of JULY and 4th week of july, major PVT banks results are coming, till that time we have to wait ? or market will move higher pricing in the good result... let see,
Technically, Last week Low, 23000 in Bank Nifty and 9450 in Nifty will act as good support for the quarter and next quarter i.e, upto 2017 dec. If this holds 10,500 in nifty and 25,000 in bank nifty is possible for the next 2 qtr.
RELIANCE has shown good upside, 1360 seems good support, it will touch 1520 seems likely.
I think on Monday, Nifty has to comedown to 9400 level and bank nifty 22640 levels also mentioned in my earlier view, But Bull market never easy to get good levels to entry.
I have no other way, Just to be bullish to make money, otherwise I will miss the bus, always thinking about a 200 points correction in Market.
Let we find the answer.....
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