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NIFTY: CLOSE – 9,665.80 (07.07.17)
Market managed to find support near lower end of range as expected last week & closed weekly in positive territory at the end trading session this week. It made a high of 9,700.70 levels, close to all time high levels this week. It’s facing resistance around 9,700 levels on Nifty. It closed near upper end of range at the end of weekly trading session. Able to close above these levels will further confirm rally towards higher levels targets in short term. I still believe its extended rally till DOW THEORY supports holds as mentioned
Market managed to find support near lower end of range as expected last week & closed weekly in positive territory at the end trading session this week. It made a high of 9,700.70 levels, close to all time high levels this week. It’s facing resistance around 9,700 levels on Nifty. It closed near upper end of range at the end of weekly trading session. Able to close above these levels will further confirm rally towards higher levels targets in short term. I still believe its extended rally till DOW THEORY supports holds as mentioned
