As i mentioned you yesterday NIFTY took a resistance at 5635 and made a low of 5579 and closed at 5588 and rupee closed an all time low at 61.15 for July series.
Nifty levels for tomorrow (27th June 2013)
Resistance at 5604 5620 breakout above 5620 buy NIFTY for the TGT of 5660 5680
Support at 5574 5560 breaks below 5560 sell NIFTY for the TGT of 5533 5500
The candlestick pattern formed on the daily chart of Nifty spot resembles ‘Long Legged Doji’(25th June chart) which suggests indecisiveness prevailing at current levels.
NOTE:
Nifty levels for tomorrow (27th June 2013)
Resistance at 5604 5620 breakout above 5620 buy NIFTY for the TGT of 5660 5680
Support at 5574 5560 breaks below 5560 sell NIFTY for the TGT of 5533 5500
The candlestick pattern formed on the daily chart of Nifty spot resembles ‘Long Legged Doji’(25th June chart) which suggests indecisiveness prevailing at current levels.
NOTE:
- Their might be very volatile ahead of June expiry, option data suggest expiry might close between 5650 to 5700 CMP 5588
- CAD outcome (previous -32.63 Bln $)
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