MY VIEW

Today market corrected and closed just above the 4214 level. For past three days nifty was trading in tight range. June contract ended in weak but July contract ended in premium. Let’s see what happens tomorrow.

MARKET VIEW FOR FRIDAY

July contract ended in premium, next week budget is to come and bad monsoon issue will have a solution in the budget base on these points I feel tomorrow may be there some up move. Technically in the price chart a breakout pattern is formed, any direction nifty will have a big move. Let’s watch what happens tomorrow.

Still I not clear about the direction and I am waiting for the breakout, so I give trading calls tomorrow.

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