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04 July, 2016

Market Outlook :

-Nifty Futures Trend Deciding level is 8335 (Intraday Traders,
 NF Trend Changer Level  8315 (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 spot if manages to trade and sustain above 8360 level then it is likely to 
  show some upmove and if it breaks and trade below 8300 level then some 
  profit booking is expected in the market. Please note this is just opening view 
  and should not be considered as the view for the whole day.
-With monsoon hitting most part of India, Slash in petrol and Diesel prices. 
  Sentiments are improving.


Nifty Level future
Up ↑
8450
8380
8350
Down ↓
8335
8315
8275



Action  
  SL
TGT
Buy above
8350
8314
8425
Sell below  
8300
8342
8275

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