Tuesday, June 16, 2015

Market Commentary for 16 June 15

As expected Nifty trying to put some gains on board. However there is not force to it. We have resistance intact at 8090-8152. Support at 7940.
Nifty may attempt to reach to 8090, 8150 levels today. However the global pressure may not allow it to do that so easily.

I would prefer SUNPHARMA on long side today.
It seems ALBK, ABIRLANUVO are moving down.

Bonvista Consultancy Services

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