Nifty50 Forms Bullish Belt Hold Pattern

Gold Silver Reports — A large green real candle, absence of lower wick and a small upper wick confirmed that the Nifty50 for med a `Bullish Belt Hold’ pattern on the daily chart on Thursday, suggesting that the positive sentiment may continue going ahead.

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Options Peg 9230 as Strong Resistance, Downside at 8900

Gold Silver Reports — Market mavens expect benchmark indices to touch fresh highs in the short term after foreign investors, the mainstay of the marketplace, not just covered their bearish bets but initiated fresh bullish ones during Tuesday’s sharp rally . They added that any profit booking would be bought into, with a caveat that a hawkish sounding Fed could spoil the party for the bulls.

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Sensex Closed 0.28 Percent Lower at 28812

Sensex Closed 0.28 Percent Lower at 28812 — Neal Bhai

Gold Silver Reports — The Nifty fell 0.5 percent on Monday, retreating from a nearly two-year high hit last week and snapping six consecutive sessions of gains, as banks retreated after a recent rally.

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Nifty Fire Fire Fire Power- Realty Stocks Zoom

Nifty Fire Fire Fire Power- Realty Stocks Zoom

Gold Silver Reports — Nifty Fire Fire Fire Power- Realty Stocks Zoom – Rising global stocks had a rub-off on Indian market on Thursday as the Sensex surged with Brexit fears slowly starting to subside amid the June derivatives expiry. This was the fourth straight day that the Sensex brought up gains.

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Sensex Zoom 100 Points – Banking, Metal Stocks Rocket

Sensex Zoom 100 Points - Banking, Metal Stocks Rocket

The benchmark BSE Sensex surged over 150 points on Wednesday on a buying build-up by participants, tracking a global rally. Moreover, short-covering of positions by speculators in view of tomorrow’s June monthly derivatives contract expiry contributed to the surge.

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