Thursday 23 June 2016

EU referendum!!!

Indian markets are likely to open on a flat note today tracking global markets, SGX Nifty is trading @ 8215 (10 Points)
Markets tanked yesterday by more than 40 points, created a low of 8153 and then bounced back to 8200 and closed above 8200.
Volatility is likely to rise today because of EU referendum, UK will vote to determine the future of Britain within the 28-member European Union.
Areas to watch out :
Supports @ 8200 - 8150 - 8100
Resistance @ 8240 - 8260 - 8300 - 8340
Bias for Nifty is wait and watch.
Trade with Strict stoploss and with Proper Money Management.
Regards,
Mayur S.

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