Nifty Outlook for 26-06-2019

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View:- Bearish
Support Level:- 11700 Resistance:- 11833
Reason: Today we saw a good move in Nifty which took it to a high of 11814 but it fails to break and close above 11827 which was the high of 21-06-2017. As we have seen profit booking from upper level, which brought down. If we compare the volume of previous day it is somewhat same. As still Indicator where traders are still bearish and other indicator as also not given any bullish sign. If Nifty able to close above 11827-11833 then we might see up move.
Above view and level are based on Cash Market.
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