Sunday, 28 June 2015

Dated :- 28. 06. 2015

                                                                 NIFTY SPOT : 8381.10
Hi,
Readers,

Nifty is knocking the doors of 8400 time and again.

Readers of the blog would have been sitting on sidelines to watch how Nifty behaves between the cluster of resistance area upto 8490.

Now What :-

On technical front as of now there is no change in the view and there is not much conviction that this rebound will sustain. Charts are also saying to wait and watch to see how Nifty is reacting in coming days. This rebound is only technical rebound and Nifty has to do a lot more before us to even think that trend has changed from sell on rise to buy on dips.

Coming days may be full of volatility.





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