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7/26/2019 Equity Research Lab 16 June Nifty Report.pptx

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16thJune 2016

Nifty Tips

NIFT !"#T: $206.60

Nifty Future %1: $26& %2:$'1' %': $'()

"i*ot: $1$6 !1: $1)0 !2:$0+$ !':$012

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7/26/2019 Equity Research Lab 16 June Nifty Report.pptx

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,-%T INT%"%TTI#N

Nifty spot close at $206.60 on enesay . t hiher

sie3 important le*el $2004$2+0. s lon as Nifty

future manaes to sustain abo*e this le*el on

intraay eclines3 the tren 5ill be stron an nifty

future 5ill try touch further hiher le*els from thisle*el. t lo5er sie3 support near $000. Further

5eaness is nifty future is possible only if Nifty future

falls an stays belo5 the important support of $0604

&(+0. t lo5er sie nifty support le*el may be in therane of &$004&&00.

7echanical inicator stochastic %!I also sho5in

consoliate tren.

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IN89 #T;##