Next update will be only in 28 June
Nifty (15294) we said’ technically we now have an event and market is a Make-or-Break level’ the Nifty broke down and traded lower to close in the red…technically the market is stretched so a v=violent reaction is not ruled out but 15500 is a crucial resistance.
Bank Nifty (32734) we said ‘technically now Bank Nifty is a Make-or-Break zone’ the Nifty Bank unfolded weak as expected but looks stretched…technically 33500 is a stiff resistance to deal with