Nifty analysis for 16 June

Nifty Analysis for 16 June What we have seen yesterday is a symptom of typical bull market. As it was discussed here, corrections are difficult to trade in any trend. Nifty has crossed hurdle of 8175. For the time being this is a buy on dips market.  Nifty has first major hurdle near 8238-8250 area. Support is near 8180. This was a resistance earlier, which is now a support. Nifty 15 min Chart   Advanced Traders Training Program – 15 days to go Planning to have an online batch through Webinar. The course is for Intra-day, Swing and Positional Traders. The course is designed to help make traders consistent profits with their own trading style. Course Covers- Detailed Technical Analysis and its intricacies, Classical charting Techniques Derivatives- Futures and Options (including practical Options Strategies) Open Interest, Volumes to trade effectively Risk Management- how to minimize losses and maximize profits in Futures and Options How to trade Commodities and Forex for consistent profits Concept of Demand and Supply One to one counselling to “Decide your Trading Personality Type” More details are available on request at unmesh@bonvista.in This is a practical course designed around ‘coaching’ than ‘training’. Course will take approximately 40 hours to complete. Tentative schedule will be 4 hours on Saturday- Sunday each and 2 hours on working days- 3 days a week. For pre-registrations, you can mail me at unmesh@bonvista.in or call on 9371444875 My Latest articles: Potential to move 46% from current level- Kiri Industries (Written on June 6, this stock moved over 50% since the date of article) Read 5 steps to keep your Technical Analysis simple

Disclaimer: The contents produced here are purely for educational purpose. They should not be construed as buy/sell recommendations. I am not a SEBI registered Analyst or Investment Advisor. Readers are advised to consult their Investment advisor before taking any decisions based on above write-up.