webull: 200 dma below and nifty

Saturday, June 22, 2019

200 dma below and nifty

On the downside, the 50-DMA at 11,687 will be a crucial level to watch, as any breach of this mark will bring in some more weakness to the market. On Monday, the 11,770 and 11,830 levels are likely to act as next resistance points. Support should come in at 11,669 and 11,610. 


Wipro, Voltas, UPL, Va Tech Wabag, Symphony, Sunteck Realty, SRF and Sonata Software traded above their 200-DMA 


      : Zee.... Short below 338 stop-loss 349 1st target 326 2nd target 313: Escorts short below 541 stop loss 555 first Target 519 2nd target 499: IndusInd Bank short below 1417 stoplos 1444 target 1348 1330: Sun Pharma short low 388 stoploss 396 target 36 8,344

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