Pre Market Updates Wednesday June 19, 2019

- Nifty is trading in long term range between 10000 and 12000.
- Nifty breached out 10000 mark on July 2017. Again it tested two times in March and October month in the year 2018.
- So market saw 10000 points three times in the charts.
- Market always loves to test big psychological level like this again and again.
- So long term point of view we have more chance to test 10000 levels again.
- But before that we can see 12000 points in the chart at least two times.
- But when it will happen is a million dollar questions.
- Keep away all Technical and Fundamentals Just trust 12000 levels.
- Nifty tend to trade many times near 12000 to keep all traders in greedy mind.
- 11600 and 12100 would act as a immediate range for Nifty50
- So every fall will be opportunities for buying and in every rally sellers will active.
- Simply buy around 11600 and Sell around 12100 would be the better strategies to mint moneys. We can set our stoploss easy near these levels.
- Now Nifty50 trading near 11600. As per my analysis markets will trade with upward bias for next few days.
- Nifty likely to trade between 11680 and 11820.