Thursday 16 July 2015

NIFTY ON THE VERGE OF BREAKING RESISTANCE ZONE ,MARKET OUTLOOK FOR 16/07/2015

             * Nifty closed up 69.70 points (0.82%) at 8523.80 while nifty future closed at 8542.05 with premium of 18.25 points.

            * FII's bought 407 crores in equity and DII's sold 50 crores in cash segment INR closed at 63.41.

            *Nifty futures trend deciding level for intraday is 8530 .Nifty future trend changer level for positional trader is 8418.

            *advance decline for the day was 845:654

            *Greek parliament approves its bailout.  


LEVELS FOR BULLS:


             ABOVE 8575 BULLISH
                            
             TARGETS 8610 ,8657,8679


             BELOW 8473 BEARISH 


             TARGETS 8437,8403,8476