FTSE weekly technical forecast for 13 to 17 june 2016

FTSE weekly technical forecast for 13 to 17 june 2016 FTSE this week closed with loss at 6115. This was second weekly loss for this UK index. Volatility is increasing as brexit is coming near.   FTSE weekly chart price trend and momentum both are down and for next week outlook will be bearish.   This week FTSE achieved my downside target of 6090 and below it next target will be 5950. On upside 6150 and 6190 are strong resistances as well as fresh short entry zones with stop loss.   Future traders use 6150 and 6190 as short entry zones with stop loss for target 6090 and then 5950.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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