Bank Nifty Market Trend for 8-June-2016

CH: BANK NIFTY TREND -BULLISH

BANK NIFTY FUTURE LEVELS

SUPP 1: 17750

SUPP 2: 17380

RES 1: 18080

RES 2: 18470

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Nifty Market Trend for 8-June-2016

CH: GOOD MORNING

NIFTY TREND: BULLISH

NIFTY SPOT LEVELS

SUPP 1: 8180

SUPP 2: 8110

RES 1: 8315

RES 2: 8380

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Bank Nifty Market Trend for 7-June-2016

CH: BANK NIFTY TREND -CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 16950

SUPP 2: 16550

RES 1: 17750

RES 2: 17990

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Nifty Market Trend for 7-June-2016

CH: GOOD MORNING

NIFTY TREND: CONSOLIDATE

NIFTY SPOT LEVELS

SUPP 1: 7955

SUPP 2: 7650

RES 1: 8275

RES 2: 8350

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Bank Nifty Market Trend for 6-June-2016

CH: BANK NIFTY TREND -CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 16950

SUPP 2: 16550

RES 1: 17670

RES 2: 17850.

www.capitalheight.com/nifty-future.php

Give Missed Call at +91 830-630-830-8

Nifty Market Trend for 6-June-2016

CH: GOOD MORNING

NIFTY TREND: CONSOLIDATE

NIFTY SPOT LEVELS

SUPP 1: 7865

SUPP 2: 7650

RES 1: 8275

RES 2: 8350.

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Give Missed Call at +91 830-630-830-8

Nifty 50 May “ON” Correction Mode Due To Profit Booking

Nifty50

In the previous week Nifty 50 continued its uptrend and gains nearly 0.8 percent or 65 points and closed at 8220 whereas Nifty June futures closed at 8238 on Friday. In the last trading hours on Friday Nifty sheds nearly 50 points from day high’s on profit booking. Investors may continue profit booking in today’s trading session also.

                                                       Technically, Nifty formed spinning top candle on daily chart and hence if nifty futures opened gap down below 8225 then it may trade bearish for today’s trading session. The next technical support is at 8260 and 8210. The next resistance level is at 8330.

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