*Pre-open Daily Tech view of Nifty Spot for 01.07.2022

BY A STAFF REPORTER: 

Yesterday we have seen a range bound movement but with extreme volatility mainly in between 15700 to 15900. Lower open at 15774 & day’s low at 15728. Sudden surged upto 15890 but failed to stay above 20dma 15900 mark and after zig-zag momentum closed at 15780 day to day basis corrected 19 points. Nifty formed a Doji kind of pattern on the daily charts, which indicates indecisiveness among bulls and bears. This was the 4th consecutive range bound session in between 15700-15900 with negative bias amid corrective Global cues.

Yesterday was the monthly expiry day of the June series and as well as the Month end day. Monthly basis Nifty down 800 points & that was the 3rd consecutive negative month .

Monthly High was 16793 & low 15183. Technically monthly closing below crucial 15950 mark i.e. 20months SMA, current basis vital resistance.

Please contact the below telephone nos for Demat and Trading Account Opening.

+91 98312 00699 / 82749 09974

For Opening DP and Trading Account online, please visit

https://kyc.eurekasecurities.net/home/index/729

Exclusive for ANM News Viewers - ANM's Financial & Insurance Related News - To join our group please visit https://www.facebook.com/groups/668263891032421

Source : Eureka

Please register at https://kyc.eurekasecurities.net/home/index/729 for opening Trading and Demat Account.