Market Outlook :
- Nifty Futures Trend Deciding level is 8207 (Intraday Traders,
- Nifty Futures Trend Deciding level is 8207 (Intraday Traders,
NF Trend Changer Level 8191 (Positional Traders)
- Britain to vote on a historic referendum whether to stay in European union
or not. As per current exit polls trend is mix (At the time of updating
this section that is 4.40 PM ISD, 22 June,2016). Britain exit will be negative
for market for very short term.
-Nifty to turn more volatile as the day progresses. Avoid big trades and trade
with stoploss.
-Nifty spot if manages to trade and sustain above 8250 level then expect some
quick upmove and if it breaks and trade below 8160 level then expect some
profit booking in the market.
-All eyes are on referendum which will held on Thursday, 23 June to decide
whether Britain should leave or remain in the European Union.
Nifty Level future
| |||
Up ↑
|
8320
|
8260
|
8235
|
Down ↓
|
8215
|
8175
|
8150
|
Action
|
SL
|
TGT
| |
Buy above
|
8225
|
8190
|
8300
|
Sell below
|
8150
|
8190
|
8070
|
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