Nifty Outlook for 25-06-2019

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Nifty outlook for 25-06-2019
View:- Bearish
Support Level:- 11630 Resistance:- 11800
Reason: Today Nifty has formed a Bearish Spinning top Candle Stick Pattern which indicates some flight turbulence for tomorrow. As today we saw that nifty has tested the low of 11670 and bounce backed but it fail to give close above the resistance. For Tomorrow on the lower side 11630 which act as crucial and important level if it's break and close below the mention level than it might come to test it's support line which is coming around 11350-11400 and on above side if it's close above 11800 then we can see the next leg of Bull Rally.
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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