Intraday resistance at 10,355 and 10,400 -- 26 June 2020
Resistance 1 : 10,355 Resistance 2 : 10,400
Support 1 : 10,260 Support 2: 10,200
Nifty closed yesterday with a minor loss of 16 points.
Market yesterday saw a sideways trend.
A positive opening is expected, due to global trends.
In-case of a recovery,then the next intra-day resistance above is at 10,355.
Market has to trade above this, for a further uptrend.
Then the next major resistance above is at 10,400.
Nifty has to close above 10,350 for a further uptrend.
-- Nifty in a reaction, then intra-day support below is at 10,260.
In-case of a trading below 10,260, then it indicates an intraday weakness.
Then the next major support below is at 10,200 and next at 10,150..
V. Sundar Raja
Ph - 94410-79304