26th Jun' 2020 (Morning)

26th Jun' 2020 (Morning)

  • Yesterday the NSE data loaded late, hence i have not analysed the data much.
  • Looking at the close yesterday and the Global Cues coming in today, would look for market moving out on either side beyond yesterdays high or low. 
  • Today's trade and high lows are important for the July series.
  • I feel that the market would enjoy strong support at 10000 and resistance at the Jun series high of 10500.
  • The selling by DII and FII yesterday indicate some loss of strength, however would validate this based on trades today.
  • The Virus continues to keep global markets on alert and India follows.

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