As expected, the Nifty July futures faced strong resistance above 5,590 and managed to settle around major support (5,550) after testing 5,530. The Nifty is likely to break below 5,500 with lower end support expected to come around 5,485. The July futures closed around the lower band of value area (5,544-5,572) with 74 per cent above point of control (PoC-5,547) which indicates price-based selling
A consolidation in the previous day’s initial balance (IB) range (5,550-5,594) ended with a vertical move in the last 60 minutes on account of short covering from other time-frame traders.
Police have failed to establish the identities of two men who along with another person gangraped a 16-year-old girl in a moving car for six hours on June 27 in north Delhi.
The Nifty July futures gained 30 points on Monday on poor volume, but settled at 5,666 as the bulls favoured towards a consolidation at the most crucial resistance level, before taking this out for
The Nifty July futures opened on a positive note on the first day of new series, but after facing strong resistance above 5,702 it settled in the red on profit-booking. We had indicated a slowdown
The market kept the upward momentum on the day of June series expiry despite a 450 points gain in eight trading sessions from a low of 5,190 on June 20. Nifty July futures closed at 5,655 after
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