Nifty Outlook and few trading ideas by Chandan Taparia, Derivatives and Technical Analyst & PFA at MOSL:
Outlook:
Nifty index opened positive and witnessed sustain buying interest till the end of the session. It has formed a Bullish Candle followed by a Hammer Candle on the last Friday and continued its momentum on the first session of July month by gaining around 100 points. Bulls have got its loosing grip after the weakness of last three weeks and surpassed previous week’s high of 9615. Now it has to continue to hold above 9560-9580 zone to witness an up move towards 9650 then

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