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Pre Market Analysis – 28th June 2021

<img alt='' src='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=64&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=128&d=mm&r=g 2x' class='avatar avatar-64 photo' height='64' width='64' decoding='async'/>

byfintooJune 28, 2021

Market gained 1% for the week on back of Biden supporting another stimulus in form of USD 1 Trillion infrastructure plain which led to Nasdaq rallying 2.3% in last week. However, despite such positive news, Nasdaq 100 ended in negative on Friday to form a ‘Bearish Engulfing’ pattern on daily chart as it moved into upthrust of rising wedge. The strength in USDINR has already brought...

Pre Market Analysis – 24th June 2021

<img alt='' src='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=64&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=128&d=mm&r=g 2x' class='avatar avatar-64 photo' height='64' width='64' decoding='async'/>

byfintooJune 24, 2021

Indian Market View: Nifty index opened positive but failed to even hold its opening levels and after a volatile swing it drifted towards 15673 levels. It has been finding sustained selling pressure near to its life time high of 15850-15900 zones from last few trading sessions. It closed with losses of around 85 points. Nifty has been battling with resistance of 15850-15900 in the past few...