Intraday support at 10,200 and 10,150 -- 25 June 2020
Resistance 1 : 10,260 Resistance 2 : 10,310
Support 1 : 10,200 Support 2: 10,150
Nifty yesterday closed weak with a loss of minor gain of 166 points.
A negative opening is expected, due to global trends.
Nifty in a reaction, then intra-day support below is at 10,200.
In-case of a trading below 10,200, then it indicates a short-term weakness.
Then the next major support below is at 10,150.
In-case of any close below 10,150, then it indicates a further weakness .
In-case of a recovery,then the next intraday resistance above is at 10,260.
Market has to trade above this, for a further uptrend.
Then the next major resistance above is at 10,310.
V. Sundar Raja
Ph - 94410-79304