- US Markets, DOW was down and Nasdaq closed higher
- Asian markets trading mixed
- SGX Nifty indicating a gap-up of 70+ points
- FIIs net sold shares worth Rs 879.73 crore and DIIs net bought shares worth Rs 45.24 crore
- FIIs are long 77% in futures
- 15,600 now becomes sacrosanct stop for near term traders
- Short covering likely if Nifty crosses 15,770
- Midcaps may outperform again if Nifty defends 15,600-15,650
- Nifty Thursday Low – 15,616 and Monday Low 15,606
- Bank Nifty Thursday Low – 34,458 and Monday Low 34,374
Nifty/Banknifty 18 Jun 21
Nifty : 15691
Resist: 15760 & 15825
Suppt: 156745 & 15600
PCR: 1.02
Banknifty : 34605
Resist: 34880 & 35100
Suppt: 34250 & 34175
PCR: 0.75