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Saturday, 27 June 2015

NSE Nifty forecast for July 2015 series - 29 June 2015

Hi,

June 2015 series has passed with sharp swings. Nifty fell from high of 8467 to low of 7940 and then again reversed vertically to make high of 8423 on eve of expiry.

Now July 2015 series is again waiting for Greece clarity which is likely to come by 5th July when Greece will go into referendum. 

Greece aside, after carefully analyzing markets we are posting here our views on Indian stock markets.

1. Best buying candidates for this series would be INFY and BANKBARODA.

2. Stay away from BANKNIFTY at least till the last week of this expiry.

3. Nifty is likely to show similar movement as shown in June 2015 series.

4. Anyway break below 8100 is a must buy for this series.

For more see our forecasting blog : 
http://nifty-forecast.tracknifty.com/

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com