Friday 24 June 2016

BREXIT!!!

Hi All,

Markets to open on a weak note today tracking global markets, SGX Nifty is trading @ 8121 (-179 Points)

SGX Nifty take a dive ahead of the final result of Brexit, the final outcome will be by 11.30 AM.

Markets are likely to remain volatile because of Brexit event. Good time for investor to enter into markets if Nifty gap down by 150-180 points. Short term trades wait and watch for proper evidence on charts.

Areas to watch out :
Supports @ 8100 - 8050 - 8000
Resistance @ 8200 - 8270 - 8300

Bias will be wait and watch for short term traders, Good time for long term investor.

Trade with Strict stoploss and with Proper Money Management.

Regards,
Mayur S.

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