Lalit Dhingra
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Next Trend Confirmations from Supports & Resistance

Lalit Dhingra at 12:33 PM - Jun 29, 2016 ( ) Views: 592

2 2

Next Trend Confirmations from Supports & Resistances after Braxit led High Global markets Volatility 

Mid-session Outlook(29-06-2016)

 

As Indian markets completely under performed Global markets yesterday therefore some down moves were expected today but all the Asian markets were trading with good gains today morning and some were more than 1% up after Dow's rally of 269 points yesterday therefore positive zone trading since opening in Indian markets today. 

 

As selling yesterday therefore not sustaining at higher levels today and new intraday lowest formation at 11:17 AM after loosing all intraday gains

 

All the Global markets are highly volatile in this week after Braxit referendum and technical positions reverses also in such high volatility also therefore sustaining beyond following next supports and resistances should be firstly watched for the confirmation of next trend.

 

Supports:-


1- 8070-8091

2- 7928-7970


Resistances:-


1- 8242-8255

2- 8260-8315


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