Nifty Outlook for 24-06-2019

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Nifty outlook for 24-06-2019
View:- Bearish
Support Level:- 11641 Resistance:- 11850
Reason:As per Friday close Nifty has formed a Bearish Piercing Candle Stick Pattern which might take down the nifty to lower level in Coming days we might witness the level of 11641 which is important and crucial support and if it break and close below that level than we can witness a free fall rally towards 11400-11350 but saying that if it help to get close above 11850 which is important level from where Bull can be seen back.
Above view and level are based on Cash Market.


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This presentation / newsletter / report is strictly for information and illustrative purposes only and should not be considered to be an offer, or solicitation of an offer, to buy or sell any securities or to enter into any Portfolio Management agreements. This presentation / newsletter/ report is prepared by Chirag R Sanghvi. Any dissemination, copying or circulation of this communication in any form is strictly prohibited. Neither me nor any of their respective affiliates or representatives make any express or implied representation or warranty as to the adequacy or accuracy of the statistical data or factual statement concerning India or its economy or make any representation as to the accuracy, completeness, reasonableness or sufficiency of any of the information contained in the presentation / newsletter / report herein, or in the case of projections, as to their attainability or the accuracy or completeness of the assumptions from which they are derived, and it is expected each...
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