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30 June, 2016

Market Outlook :

-Nifty Futures Trend Deciding level is 8185 (Intraday Traders,
 NF Trend Changer Level  8181 (Positional Traders)
-Nifty is likely to turn volatile and is expected to follow global cues.
-Nifty to turn volatile as the day progresses. Global cues to play important role.
-Nifty continued its northbound journey and breached 8200 mark yesterday. 
 We maintain bullish view with our short term target of 8285. However for 
 medium term we maintain our target of 9200 on Nifty. On the downside, Now 
 the level of 8140 will play as a immediate term support. However the range of 
 8050 to 8000 remains an important support for short term.


Nifty Level future
Up ↑
8270
8235
8200
Down ↓
8190
8170
8130



Action  
  SL
TGT
Buy above
8225
8173
8325
Sell below  
8125
8175
8030


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