Wednesday, June 10, 2015

Market Commentary for 10 June 15

Six days in a row, Nifty closed in red. Do we have some hopes for Nifty to bounce back today?
A bounce can not be denied today. Nifty has reached near recent previous low of 7997. If this support is to held by Nifty, we may see some bounce in Nifty. At least I will not Short Sell in this market.

See a flat opening in Nifty.

I would look to Long VOLTAS and KSCL on dips today.

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