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MarketGuide
Apr 19, 2020 8:50 AM

Nifty50 Direction for June 2020 

Nifty 50 IndexNSE

Description

I expect some feedback for this predictions. Though there are stimulus packages from central banks and governments, I don't expect market to touch the highs of 2020. Unknown news and unemployment rate with weak economy data and results may drag the market down below 8000 again.
Comments
Poison_1907
@santhoshyy1 how you could have predicted exactly the course of nifty. How
MarketGuide
@Poison_1907, Its just the possibilities.
Shetty456
watch out 20 , 27, 4 dates
ashasasi2001
High Probability of Testing lows of 7500 are there ,But the FIIs buying and DIIs Buying coupled with Stimulus package of Central Banks will not allow it to crash April

This may happen on MAy June as ex[ected post results,Sell the news and Buy the rumour may work Bro

Any Medicine to Corona and Countries resuming activity may Retrace more
anishantony001
The markets are moving towards major resistance zones around ~9,500 and ~10,000 levels. At the same time, there is a spike in new COVID-19 related cases being reported. Any extension of the lockdown will not auger will for the markets. The chances are that we may retest the previous lows of ~7,500 levels.
MarketGuide
rasingh3984
Hope for the second possibility.
MarketGuide
@rasingh3984, fingers crossed.
MarketGuide
@santhoshyy1, 2nd possibility is done and dusted. Let the market go up a bit and shoot down to 10k and below slowly.
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