Morning BriefingNifty (9574.95, -0.57%), contrary to expectations, broke below the support of 9600. The 4-week long support of 9560-50 may determine the near term path as it must hold for the bulls but a breakdown may sub-9500 levels. It is not clear if the support will hold or not in this expiry week.
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June Monthly Forecast
Our June-17 Monthly forecast is now available. To order a PAID copy, please click here and take a trial of our service.
June Calendar Wallpaper
As mentioned in the print calendar in January that we would be at crossroads by mid-2017, we are now standing at a crucial inflection point. Now, it is to be seen if the bounce extends past 72.50 or the major downtrend from 86.50 (C ) resumes. This is important to watch, as it could impact Dollar-Rupee as well.here
Euro Longterm Forecast
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