Friday, 12 June 2020

Market view for 15th june week

Nifty spot today made a low of 9544 levels. I was bearish and my tgt  was 9580. I think the early part of next week is bullish for nifty.I expect 10500 to 10550. 10554 is the 200 daily EMA of nifty. So i eexpect nifty to touch that level.

At what price to entry?

It is diffcult to say an entry price.But I will enter if 8EMA  moves over 50 EMA in hourly chart.

There will not be upside trade if the desired entry is not met. 

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