** NIFTY & BANKNIFTY ANALYSIS & TRADE SETUP FOR 16 JUNE **

Don’t focus on making money, focus on protecting what you have.

Paul Tudor Jones

MARKET ANALYSIS AND PREDICTION FOR 16.06.21 (WEDNESDAY)
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* NIFTY 50 *
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SUPPORT RESISTANCE
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1ST SUPPORT AREA : 15822.10-15834.75 | 1ST RESISTANCE AREA : 15890.10-15901.35

2ND SUPPORT AREA : 15778.65-15792.00 |

3RD SUPPORT AREA : 15734.60-15750.60 |

PIVOT AREA : 15854.45-15864.55

* NIFTY BANK *
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SUPPORT RESISTANCE
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1ST SUPPORT AREA : 35109.20-35138.45 | 1ST RESISTANCE AREA : 35318.00-35344.00

2ND SUPPORT AREA : 35016.95-35048.70 | 2ND RESISTANCE AREA : 35484.80-35545.65

3RD SUPPORT AREA : 34908.55-34937.55 |

PIVOT AREA : 35227.65-35264.35
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EXPECTATION : NIFTY MIGHT BE RANGE BOUND AND FLAT MOSTLY ON THE NEGATIVE SIDE .EXPECTING A BEARISH MARKET FOR TOMORROW.
THERE MIGHT BE A FALL OF 1-1.5 % .BANKNIFTY IS FOLLOWING NIFTY. BANKNIFTY IS MIGHT BE ON THE NEGATIVE SIDE
EXPECTING A NEGATIVE MARKET .

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** LOOK THERE ARE OTHERS THINGS THAT WE LOOK UPON WHILE TAKING A TRADE . TO LEARN PLEASE REGISTER WITH US.
WE SHARE OUR PICTURE PERFECT SETUP WITH OUR REGISTERED CLIENT CUM INVESTORS IN MORNING SHARP AROUND 8 AM.
WHETHER THERE WILL BE A GAP UP OR GAP DOWN WE SHARE THERE.
EVEN THERE ARE STOCK SPECIFIC F&O TRADES TOO. **
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If want to know my Trading Approach for tomorrow. Please stay connected with me.

Jai Hind.

Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.