Sundar Raja Market Trend --   30th June 2020

Sundar Raja Market Trend --   30th June 2020

Intraday resistance at 10,410 and 10,460    --   30 June 2020

Resistance 1 : 10,410     Resistance 2 : 10,460
Support 1  :     10,300     Support 2:       10,260

Nifty closed yesterday with a loss of 70 points.
Market yesterday recovered from a lower level.
A positive opening is expected, due to global trends.
In-case of a recovery,then the next intra-day resistance above is at 10,410.
Market has to trade above this, for a further uptrend.
Then the next major resistance above is at 10,460.
Nifty has to sustain above 10,400 for a positive trend.
-- Nifty in a reaction, then intra-day support below is at 10,300.
In-case of a trading below 10,300, then it indicates a weakness.
Then the next major support below is at 10,260 and next at 10,200.


V. Sundar  Raja
Research Analyst
Ph  -  94410-79304