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Index view for next week
The underline market trend is bullish and bull are intact BUT concern raises in last 3 trade where market hit all-time high but volume is falling apparently which signal that bull wants brake for further move.
Rising wedge pattern.
Nifty has given a return of 11.37% from 22nd April to 4th June. This means if a 10% correction in the market is a healthy buying opportunity.
Trade with CAUTIOUS.
Any correction will lead to a buying opportunity don't miss it. Invest in a staggered manner.
The underline market trend is bullish and bull are intact BUT concern raises in last 3 trade where market hit all-time high but volume is falling apparently which signal that bull wants brake for further move.
Rising wedge pattern.
Nifty has given a return of 11.37% from 22nd April to 4th June. This means if a 10% correction in the market is a healthy buying opportunity.
Trade with CAUTIOUS.
Any correction will lead to a buying opportunity don't miss it. Invest in a staggered manner.
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