nifty weekly technical report for 27 june to 1 july 2016

nifty weekly technical report for 27 june to 1 july 2016 Nifty future on Friday closed at 8027 with loss. We saw sharp gap down opening and lower level up to 7930. Nifty short sell call achieved my 8040 target.     Nifty future daily chart price trend is down and 7930 and 7850 are downside support zones as well as target levels. On upside 8040 and 8120 are resistances. Nifty will turn bullish above 8120 closing.     Nifty weekly chart price trend is bullish but momentum is losing out on strong profit booking and expect deeper corrections in medium terms. On weekly chart, nifty below 7925 will enter into major correction for lower levels up to 7575. On upside 8040 and 8320 are resistances on weekly chart.     For nifty future tips and nifty option tips by sms visit our subscription page.

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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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