Index and Stock Views

StreetView : Morning Update

June 20, 2022

StreetView Morning update for today:

Global cues for today : Global markets traded mixed in Friday's trade as US market, Asian Markets and European markets closed mixed.

 SGX Nifty trading close to 15275 levels indicating lower opening for Indian indexes. Gold and US Oil trading lower where as USD trading flat in early hour trades.

Lets see Index Levels and charts for today: Nifty remained under pressure in Friday's trade close the day lower. Next sessions it may take support close to 15250-15350 levels where as resistance may come close to 15500-15550, 15800-15850 levels.

Bank nifty traded stronger in previous trade to close the day on positive note. It may get support close to 32450-32550, 32000-32100 levels where as resistance may come close to 33000-33100, 33700-33800 levels in next session.

Disclaimer: The views are in line with the pure chart study, no pre-defined geopolitical factors are considered. Also, we strictly advise not to take any positions just based on the above views. For regular intraday recommendations, you must have our premium subscription.

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