Weekly Trend - 11 - 15 July
Nifty Future
The Nifty futures closed and settled finally at 5664 down by -80.60 points or -1.40 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5790 else below support level of 5600 it would be in a downward trend.
Bank Nifty
Bank Nifty Futures shut stop at 11459 up by 141.20 or 1.25 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11500 else below support level of 11270 it would be in a downward trend.
ACC Future
The stock had an either side movement this week. it now has support at 960, breach of this level will bring some correction in the stock and may take it till the levels of 940 in coming trading sessions.
Ambuja Cement Future
The stock moved with negative biasness throughout this week, its next support is at 123 breach of this level will take the stock further downwards. One could go for sell on rise strategy in the stock as it is expected to test the support level once.
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