MY VIEW

To day market closed in a bullish mode.For past six trading session nifty was trading in a tight range without a clear direction.Today it closed near the resistant level 4375.Let’s watch happens next week.

MY VIEW THIS WEEK

This week I thought if nifty touches 4116 level then it would hit 3600 levels but it came near 4150 levels but bounce back immediately. Still there is a gap to filled.

MY VIEW FOR NEXT WEEK

Come week,if I am correct, another pre budget rally will start and nifty may touch 4700 levels.As past six days nifty was trading in a tight range and today it broke resistant 4352 and closed above this level.All eyes are on July 6 for budget announcement which is driving force for nifty rally.

NIFTY LEVEL

SUP: 4214, 4116 RES: 4515, 4640

I will post trading calls tonight or tomorrow.

Thanks for visiting!